The securities lending market in Europe is looking to the U.K. for guidance as both prepare for the shift to a T+1 settlement cycle on Oct. 11, 2027 — a move complicated by a long-running spat between borrowers and lenders over recall cut-off times. Representatives from the U.K.’s securities lending committee, under the auspices of… Read More >>
SimCorp Widens Offerings for Alternative Assets Ops
Financial technology provider SimCorp is building upon the success of its Alternative Investment module with the launch of SimCorp Alternatives, targeted to meet the top operational needs of alternative investment firms, officials say. “We are introducing SimCorp Alternatives to serve the needs of all alternative investment firms and service providers, enabling them to automate operational… Read More >>
Ops Teams Work Smarter via Clear Data & Insights
(Reconciliation and exception management, net asset value oversight, compliance checks, fee billing, and settlement all rely on data that has been properly captured, validated, and distributed — sometimes from thousands of sources. In an FTF News Q&A, Jenn McMackin, global director, data and managed services at Gresham, takes on these issues and discusses the provider’s… Read More >>
SEC & CFTC Create Closer Ties for Regulatory Harmonization
The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) “are ready to usher in a new era of innovation by recalibrating our posture toward regulatory cooperation,” according to a recent joint statement. They intend to hold joint events and combine forces on key issues. “By harmonizing our regulatory frameworks, leveraging exemptive… Read More >>
BNP Paribas & HSBC Join the Canton Foundation
BNP Paribas and HSBC have joined the Canton Foundation, which is the overseer of the Canton Network, said to be the only permissioned blockchain for the financial services industry, officials say. BNP Paribas and HSBC are the latest additions to a roster of more than 30 members, including Broadridge Financial Solutions, Tradeweb, Digital Asset, Goldman… Read More >>
Amber Premium Platform Enables Real-World Tokenization
A provider of institutional crypto financial services and solutions, Amber International Holding Ltd., aka Amber Premium, unveiled its Real World Asset (RWA) Solution — a turnkey platform that facilitates the tokenization of real-world asset classes, officials say. The offering has been designed to bring traditional assets into the blockchain/distributed ledger technology (DLT) environment and features… Read More >>
Rivvit Targets Data Lineage via Data Catalog Module
A data management and reporting software company, Rivvit, has released a data catalog module — a tool that provides data lineage documentation and transparency into how data flows through enterprise systems. The module was designed specifically for investment managers and financial institutions and is now available to all Rivvit clients, officials say. The module is… Read More >>
Firms Are Finding the KPI to Validate the A.I.-Recs Union
Reconciliation and exception management processes are converging with automation and artificial intelligence (A.I.) technologies, and the union could be much more than an upgrade from manual processes. If managed correctly, it could be a quantum leap forward, resulting in Ops reborn as a forward-looking trend tracking system for the front office. Yet adoption faces significant… Read More >>
Private Markets Expose the Recs Limits of Spreadsheets
(Investments in complex assets other than traditional equities and bonds, such as private markets, are growing. But to leverage those opportunities will require firms to move away from the limitations of Microsoft Excel-based spreadsheets and the rising costs of operationally rigid, legacy systems, says Sarva Srinivasan, global head of strategy and managing director in the… Read More >>
Morningstar Affiliate Renews Mandate with Northern Trust
Custodian Northern Trust will continue its asset servicing relationship with Morningstar Investment Management, and is supporting nine, multi-managed registered mutual funds with approximately $5 billion in assets under management (AUM), officials say. “This mandate recognizes the outstanding client service, data customization, and ongoing development we provide to support new regulatory changes and filings required of… Read More >>
