Anti-money-laundering (AML) processes and procedures dominate the global regulatory environment. That is the generally accepted view, of course, which is cogently expressed in a new report, “Global Regulatory Outlook 2019: Are We There Yet?” from Duff & Phelps, a consultancy for financial services firms. And yet, the consultancy continues, the battle to curb money-laundering (and… Read More >>
SocGen to Lay Off 1,600 After Revamping Businesses
French banking giant Societe Generale is making “strategic adjustments” among key business lines and has set in motion changes that will likely result in a layoff of 1,600 positions globally. At the same time, the firm wants to jolt operational efficiency and wants “dedicated operations and IT entities” to hasten their digital transformation according to… Read More >>
A Few Reasons to Be Thankful in 2018
For this blog, I usually focus on the rarely seen, between-the-lines aspects of the major securities operations issues and trends that we cover via FTF News. I have tackled many subjects over the years and I hope I have brought more light than heat to many matters essential to helping firms optimize their operations. But,… Read More >>
Brexit Political Turmoil Puts Markets in Limbo
Former U.K. Prime Minister Harold Macmillan once famously said that a “week is a long time in politics,” but if recent events are anything to go by perhaps the statement should apply to 24 hours. Within a day last week, U.K. politics was turned on its head in a series of events that would be… Read More >>
