Guest Blogger: Philip Farah, Cisco Internet Business Solutions Group (IBSG) Have you walked into a retail store lately and seen someone use his or her phone to “scan” a product’s bar code to get immediate access to reviews from consumers who have bought the product? This customer might also (to the chagrin of retail store
Guest Blog
Your Monte-Carlo Simulations Are Making Me Sweat
Guest Blogger: Steph Johnson, Head of North America – Aspectus PR What better timing than the first 90 degree day of summer to discuss the latest round of heat-related data center drama? As new prop shops with exabyte data crunching requirements spring forth in response to upcoming Volcker Rule legislation and financial firms continue to
Guest Blog
Does Your Global Template for KYC Norms Restrict Your Business Growth?
Guest Blogger: Gianni Giacomelli, Senior Vice President – Product Innovation Co-Authors: Kurush Irani, Vice President, Solutioning and Transitions Leader – BFSI & Vaibhav Dubey, Assistant Vice President – BFSI A rapidly emerging trend in large banks for their AML operations is the trend towards centralization and setting up of global shared service centers for AML. A
Guest Blog
LEI: the Logical Step
Guest Blogger: Tom Brown, co-executive sponsor of the Regulatory Working Group at ISITC and Associate Partner at Brook Path Partners, Inc. The mission of ISITC is to develop standards and market practices designed to enhance efficiency across the transaction lifecycle by leveraging the expertise of our members. Recently, I participated in an International Organization for
Financial Technology
Onshore Outsourcing
Guest Contributor: Anil Budha, Managing Principal, GBP Financial Solutions A growing number of U.S. companies are saying goodbye to Bangalore, India and hello to America’s boondocks. Some IT organizations solicit domestic partners to supplement their offshore outsourcing projects, while others look to domestic providers to clean up messes created by offshore vendors or to avoid
Back-Office
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.
Buy-Side
Private Equity Outsourcing – The Next Frontier
Guest Contributor: Jane Conway, Executive Vice President for Alpha FMC, US Outsourcing particular business functions has been an established and growing feature of the more traditional asset manager landscape. Private Equity (PE) asset managers have to date largely shunned this trend – and with good reason. This is now set to change. The case for outsourcing is
Guest Blog
The Operational Due Diligence Opportunity for Hedge Funds
Guest Contributor: Jason Scharfman,, Esq., CFE, CRISC, Managing Partner, Corgentum Consulting In the past, many hedge fund managers may have cringed at the mere thought of an investor inquiring about conducting a distinct operational due diligence review. Such reticence represents a missed opportunity. Hedge funds often work hard over many years to develop strong operations and
Guest Blog
Social Media Golden Rules
Guest Contributor: Andrew Carrier, Deputy Managing Director of Cognito EMEA While the likes of Citi and American Express have embraced social media with aplomb on the consumer side of their businesses, the B2B financial services sector has been much slower to adapt these new channels. That’s understandable; it can seem like a daunting task. Where to
Compliance
6 Steps to Implementing Operational Control
Guest Contributor: Patrick Murray, President & CEO, STP Investment Services Enron WorldCom Lehman Brothers AIG Madoff MF Global… Due to disastrous events at companies like those listed above, increased regulation and strict compliance requirements for financial firms are here to stay, and will continue to change and grow more complex for years to come. Firms
