An exception manager solution from the Depository Trust & Clearing Corp. (DTCC) is incorporating technology from a vendor known as Taskize whose offering helps securities operations teams quickly resolve post-trade exceptions. The DTCC Exception Manager helps market participants “publish, manage and communicate exceptions throughout the trade lifecycle,” officials say. The offering sets up a central… Read More >>
Industry Cries Out for Bitcoin & Blockchain Reality Checks
Bitcoin futures contracts launched Monday, Dec. 18, via the CME Group to a mix of fanfare and skepticism about the crypto currency and the underlying infrastructure that are captivating securities operations. Reflecting the concerns of many, ING analysts posted an analysis Sunday, Dec. 17, “Why Bitcoin is Destined to Become a Niche Asset,” that advocates… Read More >>
New Collateral Management Strategies Require New Building Blocks
Post-crisis regulation and competitive market conditions have forever changed the collateral management process for securities trading firms. The push to develop new collateral optimization strategies has often uncovered major problems within a firm’s own systems and processes. Most firms have had to move quickly to revamp their internal systems and craft new collateral management operations… Read More >>
New Handbook Targets ‘Exponential’ Adoption of LEIs
(The rapid emergence of the Legal Entity Identifier (LEI) after the global financial crisis was heralded as an important step forward for clarity in securities operations. In particular, thorny derivatives and their underlying instruments were supposed to be the initial beneficiaries of burgeoning standard. Its wide acceptance via standards bodies has been followed by efforts… Read More >>
FTF Awards Gala Q&A: It’s Time to End Data Silos
(Editor’s note: Subbiah Subramanian, senior vice president, global head of DataGX, State Street, took time out of his very busy schedule to answer questions related to State Street’s Best Data Management Solution win via the FTF News Technology Innovation Awards, which were presented to winners at a gala event this past June in New York… Read More >>
Does Better Investor Literacy Spur More Efficiency?
(Editor’s note: GuidedChoice, a retirement advisory firm, has been what it can to educated investors either directly or as a fiduciary partner to financial services firms. The company, based in San Diego, Calif., began its odyssey by applying institutional software and other IT such as Monte Carlo simulations to the retirement concerns of ordinary investors…. Read More >>
Four Women Nominated for Top Ops Prize of FTF Awards
Four women have made the list of nominees for the Ops Business Person of the Year category of the 2017 FTF News Technology Innovation Awards, reports Financial Technologies Forum (FTF), owner of online news service FTF News and FTF Focus magazine. In addition, FTF reports that it has finalized the list of nominees and has… Read More >>
Revisit 2016 via the Top Stories of FTF News
Across the globe, the year 2016 ran the gamut from exhilarating to downright heartbreaking for many people on many, many fronts. For the executives, managers and great foot-soldiers of securities operations, it was a surprisingly eventful year that again underscored the importance of middle- and back-office people, systems and strategies. The year was full of… Read More >>
FTF Focus Spotlights the 2016 FTF Awards Winners
For the sixth year in a row, Financial Technologies Forum (FTF) sponsored the FTF News Technology Innovation Awards competition to help securities industry professionals shine the spotlight on the outstanding companies, individuals and industry groups that have achieved excellence in post-trade operations. The key winners for 2016 are featured in the special Awards Issue… Read More >>
Credit Suisse Moves U.K. Prime Services to Greener Pastures
Although Britain mulling an exit from the European Union (Brexit) may be a motivating factor for many companies to leave the U.K. if the population decides to head for the European door, the decision for Credit Suisse to move its U.K. prime brokerage operations to Dublin was part of a long-term plan, according to a… Read More >>
