Ever since the passing of the Dodd-Frank bill, companies have been thinking about (or at least they should be thinking about) how they will come up with a cost effective solution to keep them compliant under the new regulations. Many software providers have been trying to work out these solutions on their own in order
Back-Office
Financial Technologies Forum: The Year Ahead
Well, I have to admit, as much as I love the Holidays and our company-wide break between 2011Christmas and New Year’s (I know, aren’t I a good boss?), it’s good to be back at work and back to a routine. There are lots of exciting things in store for FTF this year and the team
Buy-Side
Survey Results: What firms are doing (or not doing) about OTC Derivatives Valuations
During an FTF webinar last month sponsored by Open Link Financial (OpenLink), presenters Ken Knowles of OpenLink, Eric Gulbrandsen of Maven Wave Partners and Stephen Bruel of TowerGroup, conducted a series of polling questions to find out more about what’s on the minds of senior operations professionals of investment firms. Perspectives on OTC Derivatives Valuations
Derivatives
Jon Stewart – “The Most Powerful Economic Force in the U.S.”
Well, its official… according to the Wall Street Journal, Jon Stewart is “the Most Powerful Economic Force in the U.S.” So powerful in fact, that Treasury Secretary Tim Geithner went to Stewart for a private, off-the-record meeting back in April. A Treasury spokesman said “Jon Stewart is influential in America, so we took the opportunity
Back-Office
UCITS IV –Scared of Commitment?
Guest Contributer: Steve Carrier-Simon, Buy-side Sentinel Product Manager, Fidessa The implications of UCITS IV are being widely debated. And market watchers will all have their own areas of interest. What will be the tax issues? What will it mean for cross border mergers? How will master feeder structures be affected? Etc…etc The area that got
Derivatives
The Volcker Rule – Say What?
While flipping through the Wall Street Journal last Monday, I did my usual scan of the Money & Investing section. Being that our 5th Annual OTC Derivatives Operations & Processing conference was days away, I settled on a front page article about the infamous Messrs Dodd and Frank. As I started to read the article
Back-Office
Derivatives – Devil or Angel?
Guest Contributor: Phil Sindel, Executive Director, Olmstead Associates, Inc. Say the word derivatives to some people and watch them begin to sweat, shake and think about widows and orphans being thrown out on the street. Derivatives appear to have pretty bad public relations! They have been blamed for everything from the current financial crisis to
Clearing and Settlement
The CFTC Gives the CME Group a ‘Time Out’
According to an article in the Financial Times last week, the CFTC is frustrated with the CME Group in what seems to parallel a typical adult/adolescent disagreement that arises when new rules are put in place. The disagreement stems from the mandatory position limits that are to be introduced into the futures market as outlined
Derivatives
Election Outcome Undecided… For Financial Regulation That Is
This week, as we all know, was election week, and the results, while perhaps not shocking, are sure to send a surge of changes down Wall Street yet again, but how big are these changes really going to be? While the Republicans now control the House, the control of the Senate still lies with the
Clearing and Settlement
OTC Derivatives – More Regulations and Reform
In case you didn’t already know, last week in Amsterdam Sibos brought together members of the financial industry to discuss topics that “matter most, across business areas, across functions and across regions.” This year one of the topics discussed were OTC derivatives and the current shift of placing more risk on the CCPs. With our
