Aite Group Finds Support Growing for Investment Book of Records Approach Asset managers and wealth management firms are moving toward an unobstructed, holistic view of their investment data as they embrace an investment book of records (IBOR) approach, says Rick McCarthy, vice president of sales and marketing for the Americas at DST Global Solutions. The… Read More >>
OTC Collateral Reforms to Cost the Industry $53B as Capital Dynamics Details New Fund Management Platform
Celent Report: Price Tag for OTC Collateral Management Reform to Hit $53 Billion As derivatives clearing and collateralization reforms get underway, the financial services industry will spend more than $53 billion in infrastructure and technology investments to make their systems more operationally efficient, according to a new report from market research firm Celent.“We expect it… Read More >>
FTF News Prediction #1 for 2013: A Major Recs Revival Gets Underway
(Editor’s Note: This story is running in our first-ever FTF News Winter/Spring digital issue that features our top five predictions on industry trends that are likely to be the focus for many securities operations and technology professionals throughout 2013. We will be running our prediction stories from the digital issue throughout the Spring. The digital… Read More >>
Broadridge Names Two Executives as NYSE Clearing Hires a Chief Risk Officer
Broadridge Picks a COO and Chief Revenue Officer Broadridge Financial Solutions has promoted Tim Gokey to the post of chief operating officer (COO) from his role as corporate senior vice president and chief corporate development officer. The vendor has also named Stephen Racioppo as chief revenue officer.The promotion of Gokey is in keeping with the… Read More >>
