Guest Contributor: David Kubersky, SimCorp North American Managing Director We have long left behind typewriters, walkmans and VHS tapes, yet millions in assets are still managed on systems that existed before Windows 1.0. The inherent characteristics of legacy systems act as major detriments to a capital markets firm’s performance. Legacy systems utilize antiquated programming languages,
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Lean and Efficient Best Practices: Utilities, Shared Services and Centres of Excellence in Reconciliations
Guest Contributor: David Penney, Executive Vice President , SmartStream Technologies Ltd Reconciliations are an essential part of back office processing throughout financial services and markets. Experience with our customers leads to the conclusion that Internal Utilities are already well established with a Centre of Excellence as best practice. I am convinced Shared Service Centres are
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Get Your Big Data Under Control
Guest Contributor: Mark Wickersham, Director of Product, ByAllAccounts, Inc. Mid-market asset managers drowning in compliance costs are reaching for better reconciliation systems in order to expand their AUM without collapsing their margins. For many investment management firms, new channels of product distribution bring additional back-office operational burdens: new systems to learn, different ways to retrieve
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Rethinking Reconciliation
Guest Contributor: Michael Alexander, EVP & COO Business Process Outsourcing, Broadridge Financial Solutions Financial institutions can enhance risk management and reduce costs through a reconciliation global center of excellence. Timing is critical. The cost of falling further behind industry standards is rising. To date, the “path of least resistance” has been to create a series
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Transforming Uncertainty into Opportunity
Guest Contributor: Dan Retzer, Managing Director and Chief Technology Officer, XSP That coexistence between the ISO 15022 and 20022 messaging standards presents challenges to the producers and consumers of financial data is without question. These challenges, however, also yield opportunities for solutions providers, vendors and consultants that possess demonstrated expertise in both standards. This juxtaposition
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6 Keys to Reconciliation: What Asset Management Operations Really Need to Know [Complimentary Whitepaper]
![6 Keys to Reconciliation: What Asset Management Operations Really Need to Know [Complimentary Whitepaper]](https://www.ftfnews.com/wp-content/uploads/2012/10/recs-whitepaper-150x150.jpg)
“>Download Whitepaper Now Complimentary Whitepaper Reconciliation Best Practice What Asset Management Operations Really Need to Know. Featuring expert insights on the six key functional areas critical to reconciliation. By Duncan Wheatley, Managing Director of Watson Wheatley Financial Systems. The reconciliation system occupies a unique and privileged position in the asset manager’s middle and back office
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Reconciliation Vendors Say Cheeeeese
This week, FTF held its 7th Annual Reconciliations & Exception Management Conference in New York City. The event was a great success with over 100 attendees and 10 sponsors. Take a look through some of the great companies that participated: Thanks again to our sponsors, speakers and delegates. We look forward to seeing everyone next
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Corporate Actions in the Cloud, ISO 20022 and Data Barriers, Oh My
It’s official. The preliminary agenda for the FTF 6th Annual Corporate Actions Processing Conference is up, live and ready for your viewing pleasure. This year, we will be focusing on how corporate action departments can overcome real-time reporting requirements, changes in tax law and ever-tightening IT budgets. Attend our 6th annual Financial Technologies Forum’s Corporate
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Industry Survey: Bridging the Transparency Gap
Industry Survey: End user firms want more transparency from their pricing and reference data vendors DOWNLOAD SURVEY RESULTS NOW Pricing vendors need to consider a more pro-active dynamic with their customers to provide more transparency into the due diligence process The pressure is on now more than ever to provide more transparency into the due
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The Future of Post-Trade Derivatives Processing
Guest Contributor: Laurent Jacquemin, executive vice president, post-trade derivatives, SunGard’s capital markets business In the derivatives industry, significant, year-over-year transaction volume growth has become the norm. With high-frequency trading driving up the volumes of trades to hundreds of thousands or even millions per day, derivatives market participants must be able to manage these higher volumes.
