New global regulations and volatile market liquidity are prompting a majority (56 percent) of surveyed asset managers and asset owners to increase their technology and operational capabilities over the next year, in order to better manage financial and other data needed to meet regulatory compliance deadlines. That’s the top-line takeaway from “Let’s Talk Liquidity: Opportunities… Read More >>
IBM’s Watson to Get Compliance Training via Acquisition
IBM is acquiring risk management and regulatory compliance consulting company Promontory Financial Group, and will be adapting the IBM Watson cognitive capabilities — the natural language processing and machine learning — to regulatory compliance. In fact, IBM hopes to replicate for compliance the IBM Watson capabilities that have been applied to clinical medical data, research,… Read More >>
Broadridge Platform Targets Post-Trade Ops Integration
Broadridge Financial Solutions has a new platform for its post-trade solutions and services that brings together processing engines with new, Java-based components, intended to provide financial services firms with a standardized, streamlined environment. The new Global Post Trade Management (GPTM) solution is intended to bring new operational advantages to global trade processing and management because… Read More >>
Firms Have Tough Decisions Ahead of Them: ISITC
(Editor’s note: Jeffrey Zoller, chairman of The International Securities Association for Institutional Trade Communication (ISITC), an industry trade group focused on standards, speaks to FTF News about some of the difficult choices coming for financial services firms. ISITC’s 22nd Annual Industry Forum & Vendor Show is underway in Boston this week. In addition to his… Read More >>
What is the ROI for Regulatory Compliance?
Today, April 15, is the day when all Americans get a taste of what it’s like to comply with a regulatory deadline. This is the day that all personal income taxes are due to the Internal Revenue Service (IRS). Of course, extensions can be requested but every American is required by law to pay taxes…. Read More >>
