As the SIBOS 2014 Boston conference and exhibition winds down, several key vendors serving securities markets have released product news. The event, put on by financial messaging and services cooperative SWIFT, is underway at the Boston Convention & Exhibition Center from Sept. 29 to Oct. 2. Officials at SunGard Financial Systems report that IntelliMatch Operational… Read More >>
XSP: Firms Are Migrating to ISO 20022
Q: What SWIFT-related product trends have you seen among your clients for this year? A: We are seeing a continued migration toward 20022, with more firms moving beyond the proof-of-concept phase and beginning to highlight one or two pilot projects. Having tools that can facilitate this process has helped firms greatly. DTCC transformation and the… Read More >>
SunGard XSP Takes On Corporate Actions Risk
The XSP business of SunGard Financial Systems, a provider of software and IT services to the financial services industry, is launching two products intended to help financial institutions manage event data and identify and control their risk exposure. “As the volume and complexity of corporate actions events continue to grow, firms struggle to manage the… Read More >>
Forging IT Leadership in the Regulation Decade
A keynote speaker for the19th ISITC Annual Industry Forum and Vendor Show in Boston this week focused on the industry trade group’s raison d’être when he urged those in attendance to take on the “big challenges” such as driving a consensus to make standards reality such as the push for wider usage of ISO 20022-based… Read More >>
Our Predictions for 2013
To say the least, FTF News is very proud to present our first completely digital magazine. As you flip through the pages (love those sound effects) and admire the look of it, you will see that we are making some major predictions for 2013.To cut to the chase, for our top prediction, we are seeing… Read More >>
SunGard Bets On XSP
SunGard is betting on growth in the corporate actions market with its acquisition of products and service provider XSP, which was announced yesterday. But as with many areas of securities operations, getting firms to automate corporate actions may take some time and a lot of persuasion.The acquisition, which actually took place on Dec. 21, 2012,… Read More >>
Tackling Corporate Actions via Cloud Computing
For Henry Napier, a vice president overseeing corporate actions processing for The Industrial and Commercial Bank of China Financial Services (ICBCFS), mornings were a little busy because of a system that was essentially manual. “Basically, what we would do in the morning is spend several man hours pulling up internal data,” says Napier, who is… Read More >>
Sibos Osaka Update
In an attempt to bring more automation to post trade operations, global financial messaging provider SWIFT has tapped reconciliation solutions vendor SmartStream Technologies to develop a cloud-based version of the SWIFT confirmation matching platform, dubbed Accord, say officials at the Sibos 2012 conference underway in Osaka, Japan. The SWIFT event is at the INTEX center… Read More >>
FTF News Magazine: Summer 2012
Download the Summer 2012 issue of FTF News Magazine to read about: FTF News’ Person of the Year: Keeping up with XSP’s Brendan Farrell OMS players breaking into the middle- and back-offices J.P. Morgan’s push for best practice guidelines to help sort out diverse commercial data models How Loomis Sayles is bracing for the OTC… Read More >>
Keeping Up with XSP
(Editor’s Note: This is an excerpt from the cover story for the Summer 2012 printed edition of FTF News. We will be running excerpts from the magazine throughout the summer.) It takes a lot to rattle Brendan P. Farrell, Jr., the CEO and founder of corporate actions software vendor XSP. Farrell distinctly remembers the last… Read More >>
