Is the funds industry on the verge of giving transfer agents new respect especially as these entities adjust to digital transformation and digital assets, which serve as gateways to global expansion? This is one of the arguments in a new white paper “Thinking Local, Winning Global: Transfer Agency as a Strategic Advantage,” from SS&C Technologies,… Read More >>
ESMA Sets Target Date for E.U.’s T+1 Move
The European Union’s head regulator and supervisor, the European Securities and Markets Authority (ESMA), has set a definitive target date of Oct. 11, 2027, for the bloc’s highly anticipated transition to a T+1 settlement cycle. The announcement of the transition date is part of ESMA’s final report on shortening the settlement cycle, which includes the… Read More >>
Liquidnet Launches Liquidity-Seeking Algorithm
Agency execution specialist Liquidnet has released in the U.S. a new algorithm for its equities platform. Dubbed SmartDark, the algorithm is intended to help institutional traders prioritize “routing to venues with larger execution sizes and better price stability,” officials say. “SmartDark incorporates a variety of yield and quality metrics to give traders an optimal blend… Read More >>
GoldenSource Embraces A.I. for Platform Update
GoldenSource is offering A.I.-enhanced documentation and search capabilities, advanced visual data validation, and a single, centralized view of investment data at the fund level in the latest version of its cloud-based data management solutions platform, officials say. With the launch of Version 10, GoldenSource aims to provide deeper data analytics capabilities will help clients drive… Read More >>
Northern Trust & Hamilton Lane Bolster Private Funds Support
Custodian Northern Trust and global private markets investment management firm Hamilton Lane are collaborating to provide Northern Trust Asset Servicing clients a new link to private market analytics and decision support services. Officials say that the collaboration offers a front-to-back office decision-making solution that combines Hamilton Lane’s analytics with Northern Trust’s investment book of record… Read More >>
T+1 Paves the Way for Modernized Settlement
(In North America, the move to shorter T+1 settlement has helped BNY clients to refocus on the lifecycle of a trade in new ways as they strive for optimal clearing and settlement. So says Brian Ruane in a Q&A with FTF News. A member of BNY’s Executive Committee, Ruane is senior executive vice president and… Read More >>
Japanese Firm Embraces DTCC’s Post-Trade Suite
A Japanese regional bank, FFG Asset Management, is moving to “no touch” post-trade processing for equities and fixed income transactions via the services of the Institutional Trade Processing (ITP) suite from the Depository Trust & Clearing Corp. (DTCC). FFG AM, based in Fukuoka, reports that it has selected DTCC’s CTM for the centralized matching of… Read More >>
E.U. Regulators Push the Accelerator for T+1
The European Securities and Markets Authority (ESMA), the European Commission (EC), and the European Central Bank (ECB) put out a joint statement this week indicating support for a coordinated T+1 transition with other jurisdictions in the region including the U.K. and Switzerland. Despite the complex E.U. post-trade landscape, the regulatory trio stressed the urgency of… Read More >>
ESG Data, A.I. & DLT Top IT Agendas
Despite controversy and predictions of its death, principled investments based upon environmental, social, and governance (ESG) concerns are alive and kicking as evidenced by growing demands for ESG data. Also very much alive are artificial intelligence (A.I.) technologies, which could prove to be cost-effective for automated compliance and regulatory reporting, and for middle- and back-office… Read More >>
Look Before You Take That Quantum Leap
Quantum computing via cutting-edge hardware and algorithms is coming and there will be more hype as it gains ground in financial markets. First, a definition from IBM: “By taking advantage of quantum physics, fully realized quantum computers would be able to process massively complicated problems at orders of magnitude faster than modern machines. For a… Read More >>
