The term “mark to market (MTM),” also referred to as fair value accounting, is the practice of updating the value of an asset or a liability to reflect its real market value rather than the initial cost of the asset or liability. For financial firms, the mark-to-market value is established by discovering the price of
Fun Friday
Going for Gold – and Red, White and Blue
It’s that time again – the Olympic Games – something I look forward to every two years. Personally, I’ve been a bit obsessed by the Olympics since I was a kid. There’s nothing like hearing a story about an upcoming star athlete and rooting for them on screen with all your might. Once in college,
Conference and Event Planning
FTF New Venue Announcement
As Summer comes to an end, FTF has decided to Fall back with a new venue! BizBash named Sentry Centers one of the top 10 meeting venues in New York and we are proud to announce them as the new location for the 7th Annual OTC Derivatives Operations & Processing Conference. We have grown drastically
Guest Blog
Preparing for Options and Fixed Income Cost Basis Reporting
Guest Blogger: George Michaels, CEO of G2 FinTech Brokers and custodians have an extra year to report to investors the adjusted cost basis for options and fixed income instruments. Originally, this third phase of the cost basis reporting rules was set to include fixed income and options products purchased as of January 1, 2013. Now,
Data Management
Finger on the Pulse
FTF News recently polled our readers and asked, “What is Big Data?” Here’s what our readers said: The new buzzword from The Matrix– 89.27% A fat version of the Star Trek android – 1.13% The father of Baby Data –1.69% Polite term for the paper piles of hoarders– 1.13% Five NYC phone books– 1.69%
What is series
“What Is” XBRL?
The eXtensible Business Reporting Language, commonly referred to as XBRL, is a variation of the eXtensible Markup Language (XML), which allows for the exchange of different types of digitized information. A user-friendly markup language, XBRL does not require any previous XML experience or a background in information technology (IT). The global standard, established by the
Conference and Event Planning
Take Our Survey and Get 10% Off a 2012 FTF Training Seminar
FTF would like to better serve your firm’s needs for continuing education and professional development by conducting a brief survey relating to company-wide training. Upon completion of this short, 5-minute survey, you will be sent a 10% off coupon code, for one-time use, on any FTF Training Seminar in 2012! This survey is open until
Fun Friday
Fun Friday Food Review- Shake Shack
We here at FTF wanted to bring back our Fun Friday Food Review blogs! So for all you foodies out there in the NYC area, there’s a new burger joint in town that is definitely worth a visit! Yesterday, in honor of our very own Sarah Hathaway’s birthday, the FTF team went on an adventure
Financial Technologies Forum (FTF)
What’s in a Press Release? ‘No Comment’
All too often these days, our FTF News editor and reporters hear these two words from the industry’s finest communications and public relations professionals: “No Comment.” It happens so much that it has really started to make me wonder, What’s the point of a press release? Doesn’t the word ‘press’ imply just that? It says,
Guest Blog
Are Your Security Metrics “Top 5 Worthy?”
Guest Blogger: Dwayne Melancon,Chief Technology Officer at Tripwire, Inc. Last month I attended the Gartner Security & Risk Management Summit in Washington, D.C. I attended a lot of very good sessions, but the one that left the biggest mark on me was a session called “Metrics That Matter,” delivered by Jeffrey Wheatman. I went to
