Guest Contributor: Philip Sindel, President & CEO, Olmstead Associates, Inc. If you have been keeping up with trends within securities industry operations and technology you have probably encountered the newest set of acronyms, all of which revolve around BOR or Book of Records. The most recent discussion has been whether ABOR (Accounting Book of Records)
Guest Blog
Turn Regulatory Demands into Business Drivers: Automate the Trade Execution Expense Management Process
Guest Contributor: Terence Faherty, head of product strategy at Bonaire Software Solutions Beyond investor calls for increased transparency, regulations are pushing for a more accurate trading fee calculations and invoice reconciliation process. A recent Bonaire poll revealed that many firms are challenged by data consistency and accuracy which raises concerns in light of today’s regulatory
Data Management
Establishing a Blueprint for Regulatory Change in Europe
Guest Contributor: Michael Sits, head of business consulting, SunGard’s Capital Markets The potential impact of regulatory reform on financial firms’ business models has never been greater. Short selling, EMIR, CRD IV, MiFID and MAD revision are only a few of the new pieces of European legislation. Tackling each one in isolation could result in a
Compliance
Six Necessary Steps for Anti-Bribery and AML Screening Improvement
Guest Contributor:Henry Balani, Managing Director at BankersAccuity’s Risk and Compliance Group In an era of enhanced scrutiny, larger fines and the ongoing internationalization of anti-money laundering (AML) and anti-bribery regulations, organizations are facing increased risk and numerous challenges in achieving and maintaining compliance. For any organization, successfully complying with AML and anti-bribery and corruption regulations
Guest Blog
FATCA and the Not-So-Sweet Side of M&M’s
Guest Contributor: Kristin Swenton Hochstein, Co-Chair of ISITC Regulatory Working Group and Americas Head of Entity Risk for Thomson Reuters Ask most people to think of M&M’s and they probably would recall something colorful and sweet. Ask someone close to FATCA (Foreign Account Tax Compliance Act) and they would have a slightly different perspective on
Dodd-Frank
New Technology Helps Advisors Give the Right Financial Advice
Guest Contributor: Cheryl Nash, President, Investment Services from Fiserv Many investors have come to the realization that they may not meet their retirement and other financial goals on their own, and are reaching out to financial advisors for expert guidance. These investors still remain risk averse and are demanding personalized advice and transparency into their
Back-Office
Replacing Legacy Systems: An Opportunity for Change to Drive Better Investment Performance
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,
Financial Technologies Forum (FTF)
FTF News Endorses Fun & Games at the Sifma Show
Guest Contributor: Eugene Grygo, Editor, FTF News All seriousness aside, we at FTF News are doing our part to have fun at next week’s Sifma Tech show, June 18-19, in New York. The good times begin at our Sifma booth, No. 1301, where we have created a customized parody of a popular, old school electronic
Guest Blog
FATCA – The IGA Puzzle
Guest Contributor: Colin Camp, Managing Director – Products & Strategy at Dion Even though the final regulations have been published, the sheer volume of ‘noise’ around FATCA and the ‘will they, won’t they?’ stories regarding the signing of Inter-Governmental Agreements (IGAs) is creating a great deal of uncertainty in the market. This is added to,
Derivatives
Will the Futurization of Swaps Transform the Clearing Industry?
Guest Contributor: John Omahen, vice president of SunGard’s post trade derivatives solutions The dictionary defines the word “swap” as to change or interchange, to move, and even “to thrash,” a computer term meaning to move data into and out of the core rather than perform the useful computation. Regardless of which definition one chooses, each
