Financial Technologies Forum (FTF) is pleased to announce the winners of the 2022 FTF News Technology Innovation Awards competition and to confirm that there will be an in-person gala event later this year to celebrate the industry’s achievements in operational excellence. “I think it’s safe to say that it’s been a long two years. During… Read More >>
State Pensions Face Anti-ESG Backlash
Now that Earth Day has come and gone again, it might be an appropriate time to consider the right-wing conservative backlash against public pension funds and their ESG investing. “ESG,” as FTF News readers know, stands for “Environmental, Social, and Governance.” ESG is meant to ensure that boardrooms and shareholders consider factors beyond simple fluctuations… Read More >>
U.K. Authorities Push for Post-Trade Ops Overhauls
An influential U.K.-based task force focused on post-trade operations has issued a report calling for major changes in three “core areas:” non-economic trade data, client onboarding, and uncleared margin management. In addition, a key U.K. authority, the Fixed Income, Currencies and Commodities Markets Standards Board (FMSB), has promised to act on the recommendations. The FMSB… Read More >>
Deutsche Bank Securities Settles Best Execution Case for $2M
FINRA, the self-regulatory organization (SRO) for broker-dealers, has hit Deutsche Bank Securities with a $2 million fine. The reason: FINRA alleges that Deutsche Bank Securities did not provide its customers with the supervisory “best execution” that FINRA’s rule 5310 calls for. Industry veterans will tell you that there was a time when regulators would have… Read More >>
FTF Unveils Nominees for the 2022 FTF Awards!
Financial Technologies Forum (FTF) and FTF News are pleased to announce the nominees for the 2022 FTF News Technology Innovation Awards competition. The variety and high volume of nominations are clear signs that fintech achievement is alive and kicking amid the challenges of a global pandemic, volatile markets, and a steady flow of game-changers such… Read More >>
Voting for the FTF Awards Starts March 14
We are very close to officially announcing the nominees for the highly competitive FTF News Technology Innovation Awards 2022, which means that the most important step is next — industry voters picking the winners. Unless there are extenuating circumstances, the voting process will begin on March 14 and end on April 22. The FTF Awards,… Read More >>
FinTech Still Drives Ops: Q&A with Confluence
(Confluence Technologies, a solutions provider for investment management firms, is no stranger the strong currents of change that ripple through the financial technology industry. Just last month, Confluence, backed by Clearlake Capital and TA Associates, acquired Compliance Solutions Strategies (CSS), a cloud-based regtech solutions vendor, and Investment Metrics, a provider of investment data, performance, analytics,… Read More >>
SEC Sought ISITC’s Advice on T+1: Q&A
(FTF News recently spoke with Lisa Iagatta, the ISITC chair for the past three years, as ISITC’s Virtual Fall Forum 2021, held earlier this month, was winding down. Iagatta touched on the T+1 shorter settlement cycle push, led by the DTCC, SIFMA, and the ICI, and looked back at her time at the helm, which… Read More >>
State Street & Spaulding Partner for GIPS Compliance
Partnership Targets Performance Measurement State Street is partnering with the Spaulding Group to offer performance services and operational support to asset owners that want to streamline Global Investment Performance Standards (GIPS) compliance, officials say. An investment performance measurement services provider, Spaulding offers educational, consulting, and verification capabilities that will be combined with State Street’s performance… Read More >>
Asset Managers Want Enterprise-Wide ESG: Survey
The securities industry wants to fully integrate environmental, social, and corporate governance (ESG) concerns across the enterprise and into decision-making processes if the emerging, relevant data and solutions can facilitate those goals. This is according to the ESG Global Survey 2021 that BNP Paribas conducted and just released. The BNP Paribas survey, based on interviews… Read More >>
