Financial software provider BI-SAM has announced that William Haney, currently the vendor’s chief operating officer (COO), will be moving into the top spot, taking over as CEO, effective January 1, 2015, according to a company statement. Haney will succeed BI-SAM’s founder and CEO Alexandre Harkous, who will remain a board member and a “significant shareholder… Read More >>
Prudential Investment Managers Signs with StatPro
Financial software provider StatPro Group has announced that its products are now being rolled out across a selection of funds run by Prudential Investment Managers (PIM), one of South Africa’s top ten largest investment managers, according to a company statement. The rollout follows the signing of a five-year contract earlier this year between StatPro and… Read More >>
ISS Purchases Incentive Lab
Corporate governance solutions provider Institutional Shareholder Services (ISS) has acquired Incentive Lab, a data and analytics vendor developing products aimed at addressing the increased complexity and unpredictability of executive compensation, according to a company statement. Established in 2009 and based out of Scottsdale, Ariz., Incentive Lab’s solutions offer detailed and comparable data on incentive awards,… Read More >>
Digitization and the Web Help Advance Client Reporting
Client reporting, the essential deliverable from performance measurement infrastructures and practices, is evolving as revealed by the questions on the table at a recent panel discussion part of Performance Measurement New York, a one-day event for professionals, held in midtown Manhattan. Of course, definitive answers to the questions weren’t necessarily expected from a single session,… Read More >>
And, now, the Winter/Spring edition of FTF News Magazine
The long winter has given us at Financial Technologies Forum the extra time we needed to pull together many projects such as the Winter/Spring edition of the digital FTF News magazine, officially debuting today. In the meantime, the FTF News website has been re-launched and we have hit a warp speed that Captain Kirk would… Read More >>
Case Study: Acadian Revamps Performance Measurement
The push for operational efficiency is driving quantitative equity manager Acadian Asset Management to integrate its performance and attribution systems, which when finished, should ease some of its data management burdens, says Matthew Lyberg, vice president, manager performance and attribution for the Boston-based Acadian Asset Management. “One of the challenges as a quantitative equity manager… Read More >>
‘Radical Change’ for Kames Capital
Scottish fund manager Kames Capital fully intends to radically change the role of its internal performance measurement team with a new IT platform, says Anne Harrison, European head of performance for the Edinburgh-based firm. The IT infrastructure and operations overhauls to come are in response to new pressures for greater data transparency.“I hope it’s going… Read More >>
The Regulators Take On Performance Measurement
The blind and clumsy reach of the regulators will have a fairly profound impact upon performance measurement practices for investment firms. But more regulation may not yield the clarity intended to help investors and firms. That’s the take-away from a panel that was part of the 5th Annual Performance Measurement conference yesterday in New York,… Read More >>
Bolstering Performance Measurement
(Editor’s Note: When it comes to performance measurement, banks and trading firms face systems integration, data integrity, spreadsheet crawl and client reporting challenges, according to Philip Lawton, a senior analyst for market research firm Aite Group’s Institutional Securities and Investments team.Lawton specializes in regulatory trends, risk management, performance measurement, including Global Investment Performance Standards (GIPS),… Read More >>
The Art of Keeping Clients Happy
Preventing clients from storming out the door is akin to an art form. This was underscored by the stories that emerged during a recent conference organized by Financial Technologies Forum. Meeting clients’ needs can be especially difficult when there are discrepancies between what firms think their clients need and what the clients actually want. Some… Read More >>
