Blockchains based upon distributed ledger technology (DLT) have the capacity to undo the “complexity, opacity and fragmentation of capital markets,” but they lack a clear path to wider acceptance, are competing against other disruptive technologies for funding, and represent a threat to traditional industry institutions, according to a new report from World Economic Forum (WEF)…. Read More >>
MiFID II Challenges Hit the Buy Side Hardest
Although the financial services industry is counting down to MiFID II’s January 2018 deadline, the most profound impact will be on the buy-side community. They are not only preparing to conduct their own transaction reporting but they will also have to separate research from execution and become much more accountable for proving best execution across… Read More >>
Former Cisco Exec to Become BCG’s Chief Information Officer
Robbert Kuppens, former IT executive for Cisco Systems, has been named chief information officer at the Boston Consulting Group (BCG), a management consulting firm. He joined the firm’s Amsterdam office as a partner in January and succeeds Tom Dionisio, who retired at the end of March after more than 15 years as CIO. At BCG,… Read More >>