Custodian bank and services provider State Street Corp. has promoted Michael F. Rogers to be its new president and chief operating officer (COO), officials say. Rogers has been a member of the management committee, the senior strategy and policy-making group since 2010. An industry veteran, Rogers has more than 30 years of experience overseeing asset… Read More >>
Advent Upgrades Products via Partners, User Input
Investment management systems and services vendor Advent Software has updated key offerings of its product suite, providing integration with other vendors’ offerings and incorporating ideas and even software from its user community, reports Robert Roley, vice president, solutions for Advent. The integration with other third-party vendors helps Advent provide more complete solutions that are implemented… Read More >>
Co-Founder to Lead Wall Street Horizon
Wall Street Horizon, a provider of single-stock event calendar data services for institutional investors and traders, has named Bruce R. Fador president and chief commercial officer. Fador co-founded the company together with Barry L. Star, managing director, in 2003 and has been an executive advisory board member since 2013. His mission will be to “help… Read More >>
Video: Karla McKenna’s CAPCon Keynote Speech
Industry veteran Karla McKenna is director, market practice and standards at Citi Securities Services. McKenna kicked off FTF’s CAPCon event, Oct. 16, by focusing on the major industry trends changing the landscape for corporate actions processing. McKenna graciously agreed to serve as the CAPCon NY 2014 chairperson.
Charles River’s IBOR Gets Corporate Actions Feed
Financial software vendor Charles River has expanded its Investment Book of Record (IBOR) offering by integrating Interactive Data’s Corporate Actions Service into its Investment Management Solution (IMS), according to a company statement Charles River clients will now have intraday access to Interactive Data’s mandatory and voluntary corporate actions, dividends and capital events information, Charles River… Read More >>
Are You Ready for Bitcoin?
If you haven’t heard of it before, my guess is that you are likely to become more acquainted with the crypto-currency Bitcoin. “As a non-political online money, Bitcoin is backed exclusively by code,” according to the Bitcoin Foundation website. “This means that — ultimately — it is only as good as its software design. By… Read More >>
ISO 20022 Spurs Corporate Actions Woes & Rewards
Panelists at Financial Technologies Forum’s Corporate Actions Processing Conference (CAPCon NY) this week describe the switch to ISO 20022-based systems as a harrowing one, involving considerable upheaval throughout the back office, but also one that can increase efficiency, decrease risk and cut costs in the long run. Although the ISO 20022 standard has been around… Read More >>
The ADR Project’s Big Spinoff
A successful pilot project to automate corporate actions processing for American Depositary Receipts has inspired XBRL International’s Standards Board (XSB) to think seriously about a global corporate actions taxonomy (dictionary) for a digital language — the eXtensible Business Reporting Language (XBRL) — that could bring a new order to the reporting of corporate actions data…. Read More >>
And, now, the Winter/Spring edition of FTF News Magazine
The long winter has given us at Financial Technologies Forum the extra time we needed to pull together many projects such as the Winter/Spring edition of the digital FTF News magazine, officially debuting today. In the meantime, the FTF News website has been re-launched and we have hit a warp speed that Captain Kirk would… Read More >>
Digital Magazine Winter-Spring 2013 ~ FTF’s Top Five Predictions for 2013
Winter/Spring 2013 This was FTF News’ very first completely digital magazine. For this edition, we made some major predictions for 2013. We correctly forecast a revival in reconciliation systems. On other fronts, we chronicled a new push for enterprise-wide control of operations data, surveillance strategies for social media interactions and the operational demands of cleared… Read More >>
