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Nasdaq to Buy eVestment for $705 Million

September 7, 2017 by Eugene Grygo

eVestment to Join Nasdaq’s Global Information Services Group The Nasdaq Stock Market is moving to acquire vendor eVestment, a content and analytics provider, in a bid by the exchanges company to “deliver attractive shareholder returns” via a company whose client base includes asset managers, investment consultants and asset owners, officials report. Nasdaq will pay $705… Read More >>

Filed Under: Derivatives Operations, Collateral & Margin Management, Derivatives Processing, Securities Operations, Clearing, Data Management, Mergers & Acquisitions, Operational Risk, Ops Automation, Outsourcing, FinTech Trends, Back-Office, KYC, AML/Fraud/Financial Crime, Regulation & Compliance, Regulatory Compliance, Regulatory Reporting, Industry News Tagged With: Adena Friedman, client reporting, cloud, eVestment, exchange-traded products, Fiduciary Conduct, Kempen, Michael Piwowar, Nasdaq, New York University, SEC, SimCorp, SS&C Learning Institute

SEC Bids Farewell to More High-Level Staff

February 14, 2017 by Eugene Grygo

Departures are in full swing at the SEC since SEC Chair Mary Jo White announced this past November that she will be stepping down from the top post, sparking an exodus of high-level personnel (http://bit.ly/2ggL1lI). In her wake, Michael Piwowar has been serving as the SEC acting chairman. Not long after White’s announcement, Andrew J…. Read More >>

Filed Under: Industry News, People Moves Tagged With: Andrew Ceresney, Anne Small, COO, FINRA, Jeffrey Heslop, Mary Jo White, Michael Piwowar, OCIE, SEC

SEC Spat over Regulation SBSR Goes Public

February 18, 2015 by Ryan Boysen

Two Republican commissioners of the SEC publicly criticized the agency’s handling of its newly passed Regulation SBSR last week, the latest in an ongoing spat over the regulation. On Wednesday, Feb. 11, SEC Commissioners Daniel M. Gallagher and Michael S. Piwowar released an open letter criticizing the SEC for adopting Regulation SBSR even though shortly… Read More >>

Filed Under: Regulation & Compliance Tagged With: Daniel Gallagher, Dissent, isda, Michael Piwowar, Regulation SBSR, SEC

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