The pandemic-induced lockdown put compliance systems to the test for many financial services firms because so many employees, including those on the trading floors, were suddenly working from home and more vulnerable to attack. At the same time, the pandemic put on hold cutting-edge, emerging technologies and their usefulness for compliance as firms braced themselves… Read More >>
Ops Staffs Still Reeling from Great Recession: Q&A
(David Pearson is the head of post-trade strategy at Fidessa, a vendor providing electronic trading, investment and information solutions. In his post, he oversees the creation and spread of new business ideas across the global Fidessa buy- and sell-side community. He is also engaged in the restructuring of business flows across financial markets, from pre-trade… Read More >>
‘Cost of Capital Still Greater Than ROE:’ Q&A
(As he sees it, the biggest industry challenge right now is the stubborn fact that the cost of capital is still greater than the return on equity (ROE), says Michael Alexander, president of wealth and capital markets solutions for Broadridge Financial Solutions in North America. This translates into ongoing pressure to cut costs and grow… Read More >>
Change Management Can Help Uproot Manual Systems
(Cheryl Nash, president of Fiserv Investment Services, gave the closing keynote address last month at the ISITC 24th Annual Securities Operations Summit, and her talk focused on the inevitability of change. Nash has been serving in her current post for more than six years, and her expertise includes the development of “multiple strategy portfolios, known… Read More >>
