(Editor’s note: SIX won the Service Provider of the Year honor via the FTF News Technology Innovation Awards for 2018 and we wanted to explore why the company was the top vote-getter for that category. FTF News got a chance recently to interview Robert Jeanbart, head of financial information and member of the executive board… Read More >>
Buy-Side Firms Need Help Amid Disruptions: Q&A
(Disruptions via technology, regulators and market conditions are spurring major changes in operations for many buy-side firms, says Marc Mallett, who serves as vice president for sales and product management for SimCorp North America. On his LinkedIn page, he describes himself as being responsible for the company’s sales, presales and product management. He lists as… Read More >>
Jackson National Asset Management Embraces Hosted Repository
Jackson National Asset Management (JNAM) has successfully migrated to a hosted data management platform from vendor GoldenSource that JNAM hopes will help it meet a rising tide of regulatory requirements such as the looming Form N-PORT and N-CEN filings with the SEC. Officials at JNAM, a wholly owned subsidiary of Jackson National Life Insurance Co.,… Read More >>
Northern Trust Merges Hedge Fund & Private Equity Services
Custodian bank Northern Trust has merged its private equity and hedge fund businesses and relaunched the combined groups as the North America Alternative Fund Services to reflect a convergence underway in the industry. The refocused group is in line with investment managers who are adjusting to new operational challenges “as they move across asset classes… Read More >>
Eulav Asset Management Integrates OMS for Systems & Partners
The New York-based Eulav Asset Management (EAM) has been live since June with a cloud-based order management system (OMS) from Indata that exploits the FIX protocol for the electronic trading of equity and fixed income instruments and facilitates better integration with trading partners. The Indata iPM Epic OMS, which operates via the iPM Cloud, also… Read More >>
Cardano Implements Intraday Recs via Electra Upgrade
London-based Cardano Risk Management Ltd., a specialist fiduciary manager, has made the move to intraday reconciliation and reports that it is saving time and money via the more efficient operation. Part of the Cardano Group, the asset manager serves pension funds, insurance companies and other organizations. The London branch has been using a recs offering… Read More >>
IHS Markit Debuts Vendor Management Service
New Portal Works with IHS Markit’s KY3P Data and analytics vendor IHS Markit has launched the Vendor Management Portal (VMP), a solution to help end-user firms with support for vendor risk-tiering and vendor management workflow, officials say The effort combines VMP with the vendor’s KY3P due diligence service to offer a system to “centralize the… Read More >>
SS&C Advent Updates Key Offerings
SS&C Advent has unveiled product enhancements for its key offerings: Geneva, Advent Portfolio Exchange (APX), Moxy, Tamale and Tradex, adding capabilities for scalability, greater data access, and measures to streamline compliance, say vendor officials. The updated offerings of the 18.1 release are generally available today and “were released to existing clients earlier this quarter,” says… Read More >>
DTCC Bolsters Support for SFTR Reporting via Partnerships
Financial services firms are gearing up for the reporting requirements of the Securities Financing Transaction Regulation (SFTR), and the DTCC is partnering with EquiLend, Trax, IHS Markit and Pirum to improve its global trade reporting capabilities before the SFTR rules take effect by the end of next year. Even though SFTR originated with the European… Read More >>
Startup Dakota Wealth Management Picks Pershing Advisor Solutions
New Firm Taps Pershing Advisor Solutions BNY Mellon’s Pershing Advisor Solutions has been picked as a custody partner for Dakota Wealth Management, a newly launched investment management firm. Dakota, headquartered in Palm Beach Gardens, Florida, currently manages $600 million in client assets, according to a statement, which notes that the average registered investment advisor… Read More >>
