Guest Contributor: Stephen Taylor, Senior Market Manager, U.S. Enterprise Risk & Compliance, Wolters Kluwer Financial Services In the wake of the financial crisis, strategies for managing enterprise risk have taken center stage of organizational decision making and many institutions have revamped their entire approach to understanding the nature of the risks they face and how
Compliance
Insurance and Innovation: Are you In or Out?
Guest Contributor: Sheryl Brown, Social Media Coordinator, Ash Brokerage So when you say “financial services” or “insurance” do you immediately think of the word “innovation”? Um … likely not. (Hint: We are not the cool kids on the bus. I hate to break it to you this way.) Why is that? Why, as a group of
Uncategorized
Utilizing Big Data in the Financial Markets
Guest Contributor: Larissa J. Miller, Founder and Board Member of Stuart Investments The financial markets have always been blessed with big data. While other industries are catching up to the markets in terms of size, the financial markets have moved on to the incorporation of the data to existing models, learning models and strategic decision
Compliance
Information Technology Responsibility for Social Media
Guest Contributor: Blair Rugh, Chief Compliance Officer, Temenos Social media and other forms of electronic communication are becoming the principal advertising and marketing tools of many financial institutions. First, they are inexpensive. Second, they can be targeted as narrowly or broadly as the bank wishes. Finally, the readership percentage is pretty high compared to print advertising.
Guest Blog
Get Busy Living [Digitally], or Get Busy Dying
![Get Busy Living [Digitally], or Get Busy Dying](https://www.ftfnews.com/wp-content/uploads/2014/07/victorgaxiola-hs-bio-june2014-150x150.jpg)
Guest Contributor: Victor Gaxiola, Customer Advocacy Manager, Hearsay Social Anyone familiar with the movie “The Shawshank Redemption” will remember the line, “Get busy living or get busy dying.” It kept echoing in my head as I read the annual World Wealth Report released by Capgemini and RBC Wealth Management and thought about our digital world.
Guest Blog
Financial Advisors: Don’t Forget The Next Generation
Guest Contributor: Theresa Daneman, Social Business Specialist, Socialware Every great advisor knows that forming a solid relationship with clients is critical in order to effectively build investment portfolios strategically around personal goals such as saving for retirement, the purchase of a new house, or perhaps, even a vacation home. But all too often, advisors stop
Uncategorized
Preparing for a Regulatory Exam: Tips and Guidelines
Guest contributor: Jimmy Douglas, Director of Alliances and Industry Relations at Smarsh. For financial services firms, policies governing the use of electronic communications, the preservation and production of electronic communications records, and evidence of message supervision procedures are a big part of FINRA and SEC examinations. According to an annual analysis of FINRA disciplinary actions released
Back-Office
Exchange Traded Derivatives in an Automated World
Guest Contributor: Ted Leveroni, Executive Director – Strategy & Buy Side Relations at The Depository Trust & Clearing Corporation Global regulatory reform and market changes are impacting how the buy- and sell-side function in the exchange-traded derivatives (ETD) space. The increased focus on central clearing over the counter derivatives (OTC) and trade reporting has placed
Compliance
Investor Protection: The Next Focus of Automated Compliance and Surveillance Systems
Guest Contributor: Magnus Almqvist, senior product specialist, SunGard’s Protegent The European Securities and Markets Authority (ESMA) is turning up the heat on national regulators to enforce and monitor MiFID conduct of business rules, where Article 37 of the MiFID Implementing Directive aim to ensure that firms 1) sell only suitable products to their clients and
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How to Engage Millennials: Best Technology Practices for Financial Advisors
Guest Contributor: Cheryl Nash, President, Investment Services, Fiserv A recent multigenerational survey from TIAA-CREF reveals financial advice has the highest impact on Millennials, the 77 million young Americans who, according to Nielsen, represent 24 percent of the U.S. population. A somewhat surprising statistic when the profile of this demographic is “I’ve got it; I can
