An overhaul is coming for Form N-PORT via amendments recently passed by the Securities and Exchange Commission (SEC). “Form N-PORT reports provide important information about a fund’s portfolio holdings and related information to help assess a fund’s risks,” the SEC explains. “The Form N-PORT amendments will require … generally registered open-end funds, registered closed-end funds,… Read More >>
SEC Report Offers Useful Stats On Trillions of Dollars
The SEC mostly taketh when it comes to data, regulatory forms, and ongoing reports. But every once in a while the regulator giveth as far as key data about trillions of dollars flowing through the securities industry. In particular, SEC staff has just released a new report, “Registered Fund Statistics,” that is based on “aggregated… Read More >>
Confluence Technologies Unveils TSR Tool & Other News
New Tool Helps Firms Meet SEC Rule Confluence Technologies has unveiled “Confluence Unity Rex,” which it says is a tool that will help firms comply with the SEC’s Tailored Shareholder Reports (TSR) rule. The solution provider says that Confluence Unity Rex “mines and pinpoints discrepancies in language and numeric information between financial reports,” and that… Read More >>
Asset Managers Moving to Research Management Platforms: Survey
Asset managers are ready to adopt research management platforms over the coming two years, a new survey finds. Potentially, that readiness represents a coming sea-change in an industry traditionally based on the skills and wisdom of its individual practitioners. The drive to “automate investment team workflows” is focused in the front-office, where the trading actually… Read More >>
More Asset Managers Mulling Outsourcing Trading: Survey
A telling number of asset managers and asset owners are considering using a third-party provider to place and work orders in financial markets via brokers and trading venues, according to a survey on outsourcing conducted by custodian BNP Paribas Securities Services and consultancy Sionic. The survey of 30 investment managers, conducted in February and March… Read More >>
CloudMargin Hires Former Group CEO of TriOptima
CloudMargin Appoints Stuart Connolly as Next CEO A former Group CEO of TriOptima Stuart Connolly has been named as the new CEO of CloudMargin, a London-based vendor of cloud-based collateral and margin management solutions, replacing Steve Husk, who left CloudMargin. The CloudMargin board of directors approved Connolly’s appointment and he has taken on the role,… Read More >>
More Asset Managers Will Offer ETFs: Q&A
(FTF News recently got time with Spencer Mindlin, an Aite Group analyst who focuses on capital markets, including exchange-traded funds (ETFs). For the Q&A, Mindlin tackles market structure and related issues. At the Performance Measurement Americas event, March 11-12 in New York, Mindlin will take part in the panel, “The New Burdens of ETFs.”) Q:… Read More >>
CAPIS Acquires FinTech Securities from Innovest
Capital Institutional Services, Inc. (CAPIS), an institutional securities broker/dealer, has completed its acquisition of Financial Technology Securities in a bid to strengthen CAPIS’s present in the bank and trust services space. The acquisition of FinTech Securities from Innovest Systems took effect Jan. 2, 2019, making the Atlanta, Ga.-based broker/dealer a fully-owned subsidiary of CAPIS, officials… Read More >>
Buy-Side Firms Are Embracing Outsourced Trading: Report
Buy-side firms are warming up to the use of outsourced trading desks as a recent study via Greenwich Associates, a market research firm, is showing that more firms are turning to these services and reporting high levels of satisfaction. However, some firms are still resisting the charms of outsourced trading and want to retain control… Read More >>
Steve Goswell to Receive ISITC Excellence Award
Goswell to Be Honored on March 19 ISITC is honoring industry veteran Steve Goswell, currently vice president of Bank of the West, with the ISITC Standard of Excellence Award at the industry standards group’s 24th Annual Securities Operations Summit in Boston next week. Goswell, who will receive his award on Monday, March 19, was picked… Read More >>
