Guest Contributor: David Bates, Citisoft A few years ago I was intrigued by the Rumsfeld documentary “The Unknown Known”. Without getting into politics or views on the man himself, the idea of striving for continual awareness of what you know and don’t know along with how it influences your management strategy and risk is highly
Compliance
Can Good Come from the Sins of Wall Street?
January 20, 2015 by Eugene Grygo (Contribution from Minding the Gap, a blog by FTF News editor, Eugene Grygo.) Thanks to the fines imposed upon Wall Street and insurance firms for their sins during the Great Recession, the New York State government has a $5.1 billion surplus for fiscal year 2016. New York Gov. Andrew Cuomo
Compliance
FTF News Video: Thrivent Financial Embraces Social Media Compliance
In a video interview with FTF News, Thrivent Financial’s Stacey Eckes-Borys discusses the best practices for making certain social media usage comply with regulatory guidelines, and how firms can use technology to optimize the benefits from social media usage. [youtube https://www.youtube.com/watch?v=93sBsPkAqYA] Be sure to look at FTF’s SMAC New York 2015 conference, our annual Social Media
Back-Office
Manage Risk, Comply with Regulations and Increase Alpha with an IBOR
Guest Contributor: David Kubersky, President and Managing Director, SimCorp North America Fragmented position-keeping across the trade lifecycle presents significant risks to buy-side firms. As the SimCorp Journal paper, “The Investment Book of Record: One Version of Truth from Front- to Back-Office,” explains, “When investment processes and asset classes are supported by multiple systems across the
Dodd-Frank
How Capitalism and Technology Can Fix the Equity Market
Guest Contributor: Kevin McPartland, Principal, Market Structure and Technology Advisory Service, Greenwich Associates Free-market capitalism will ultimately lead any marketplace to its ideal state. Over the past half-decade this principle has driven my hypothesis that regulators should not try to stymie trading strategy and technology innovation, but should instead follow a principles-based approach (see the
Financial Crime
For Bitcoin, a Roller Coaster With a Silver Lining?
Guest Contributor: Julie Conroy, research director, Aite Group Establishing a new, non-sovereign digital currency is not for the faint of heart. Bitcoin, the poster child for cryptocurrencies, has weathered a barrage of ups and downs over the last six months as financial and regulatory entities struggle to understand the currency and its role in commerce
Buy-Side
Valuation Considerations for Illiquid OTC Derivatives
Guest Contributor: Matthew McFarland, Director, Business Development, CBOE Mandated clearing of certain interest rate swaps and credit default swaps was recently completed with the addition of Category 3 participants on September 9. While the advent of mandatory clearing presents several challenges, one aspect that has garnered little attention is valuations. OTC market participants, accustomed to valuations
Guest Blog
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
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
