Despite multiple efforts to automate the processing of complex swaps, nearly half — 44 percent — of asset managers recently surveyed by FinTech vendor SimCorp say that they rely “mostly or completely” on manual processes for the investment lifecycle. In addition, the survey find that more than 50 percent say that they still need manual… Read More >>
Time for Ops Resolutions for 2015?
The New Year brings opportunities to take on post-trade securities operations challenges or at least take the time to review the progress your firm has made in its trajectory to operational efficiency. It’s also a chance to make resolutions that will guide the firm throughout the year. To help firms craft a list of Ops… Read More >>
Raymond James Unit Gets Rid of Manual Tasks
Struggling with legacy systems and manual processes, employees of the middle office at financial holding company Raymond James’ Equity Capital Markets (ECM) division were finding it next to impossible to do their jobs in a timely and efficient manner. Since implementing financial technology provider GBST’s pre-settlement processing engine GBST Syn~ however, says the ECM middle… Read More >>
