(Many in the securities industry are getting ready to accommodate client demands for digital and crypto-based assets, particularly those working in the back office. One such industry participant is Apex Group, which describes itself as a single-source solution provider for capital raising and advisory services, fund services, management company services, digital banking, depositary, custody, corporate… Read More >>
SEC Quietly Approves Cost Savings for the CAT System
It’s been a while since I wrote about the ambitious and controversial big data, U.S. securities transaction monitoring project known as the Consolidated Audit Trail (CAT), which has been helping regulators FINRA and the Securities and Exchange Commission (SEC) monitor U.S. equity and options markets, exchanges, participants, transactions, and more. CAT issues have receded as… Read More >>
JSCC Adopts ISDA’s DRR for Regulatory Reporting
The Japan Securities Clearing Corp. (JSCC) has become the first central clearing counterparty in Japan to integrate the International Swaps and Derivatives Association’s (ISDA) Digital Regulatory Reporting (DRR) framework and the Common Domain Model (CDM) from ISDA but now managed by the Fintech Open Source Foundation (FINOS) into a production environment. As of June 2025,… Read More >>
Pemberton Picks Broadridge’s Sentry for Portfolio Management
European private debt manager Pemberton Capital Advisors has selected Ops systems and services provider Broadridge Financial Solutions’ Sentry Private Credit Portfolio Management platform, officials say. The technology is intended to help Pemberton achieve operational efficiencies throughout its portfolio management lifecycle and scale its private debt and collateralized loan obligation (CLO) businesses to meet growing demand,… Read More >>
Broadridge Applies GenA.I. Analytics to Ops Minus Hallucinations
Post-trade services and systems provider Broadridge Financial Solutions has integrated an advanced analytics feature into its OpsGPT application that is intended to help broker-dealers and banks retrieve actionable insights quickly minus the complexity of traditional reporting tools, officials say. Applying A.I.-based technologies to established securities operations systems is happening in fits and starts and not… Read More >>
Wisconsin Pension Agency to Adopt SimCorp’s IBOR
Officials say that the State of Wisconsin Investment Board (SWIB) will be working with investment management solutions provider SimCorp to retire an outsourced investment book of record and bring the IBOR in-house to take advantage of real-time data on its positions and exposures across the organization. Created in 1951, SWIB is an independent state agency overseeing… Read More >>
Neuberger Berman Taps Arcesium for Specialty Finance Ops
Neuberger Berman Specialty Finance (NBSF) will be working with operational and data management technology provider Arcesium to help scale the investment manager’s asset-based financing strategy, officials say. NBSF will be using Arcesium’s Opterra and Aquata operational and data platforms, along with managed services, “to achieve a resilient and sophisticated operating model,” officials say. Arcesium’s platforms… Read More >>
Our Most Unusual Stories from 2024
Last year was a rollercoaster ride that will serve as a prelude for the adventures to come in 2025. But before the next ride, let’s step back for a moment and look at some of the downright unusual stories we covered in 2024. They deserve a second look because they ran the gamut from shocking… Read More >>
SS&C Launches SaaS Updates for Geneva, Eclipse & OEMS
With alternative investment firms in mind, officials say SS&C Technologies is offering a variety of new features and functions via updated software-as-a-service (Saas) releases of the Geneva, Eclipse, and OEMS products and services platforms. “We tailor our releases to the global marketplace. The recent advancements in our alternatives solutions illustrate our commitment to them to… Read More >>
Recs Projects Still Seen as ‘Complex, Costly & Messy’
(Marc McCarthy has worked for 25 years in reconciliations. His career began as “a reconciler and then project/program manager at Tier 1 banks,” he says. He also had a secondary career in consulting, sales, and executive roles on the provider side. He launched ReconIQ, a London-based specialist in reconciliation advisory services during the second quarter… Read More >>
