(Global financial markets entered into new levels of volatility over the past month as a result of the Trump administration’s tariff agenda. The impacts stretch from the front office to the middle- and back-office teams and enterprise-wide IT infrastructures. While firms grapple with shifting investor demands and significant market churn, their systems, infrastructures, and strategies… Read More >>
FICC Processes $11 Trillion in UST Transactions
Financial markets endured turbulence last week as Trump’s tariffs policy triggered sell-offs in equity markets. At the same time, the Depository Trust & Clearing Corp. (DTCC) and its Fixed Income Clearing Corp. (FICC) subsidiary processed an all-time high in volumes of U.S. Treasury transactions. On April 9, FICC reports that it posted more than $11… Read More >>
Q&A: Tariff Battles Could Lead to Ops Layoffs
(Last week, Johnson Associates, a provider of compensation consulting services, presented a review of the financial services industry in 2024 and initial thoughts on compensation and related developments for 2025. Some of the key matters covered included the layoffs of 2024, the convergence of public and private markets, technologies impacting headcount, and the surprises so… Read More >>