Optimal reconciliation and exception management can catch early on many signs of fraud, rogue trading and other nightmares that have rocked the financial services industry in recent years and should be treated as such, says Cynthia Meyn, executive vice president of operations at Pacific Investment Management Co. (PIMCO), a bond investment giant based in Newport… Read More >>
Celebrating FinTech Innovation
Barring the unforeseen, our magazine supplement detailing winners of the FTF News Technology Innovation Awards for 2014 will be online soon. We’re featuring profiles of the fintech providers in attendance for the gala presentation and insights from the individuals recognized for their major contributions. To complete the package, we have photos from a perfect cruise… Read More >>
PIMCO Envisions ‘No Fails in Collateral’
(Editor’s note: Bond giant Pacific Investment Management Company, a.k.a. PIMCO, successfully “championed the use of electronic, digitized settlement instructions for the movement of collateral,” says Cynthia Meyn, executive vice president for operations at PIMCO. Meyn lists “electronically agreeing collateral, instructing collateral and ultimately net settling collateral at the DTCC on a same-day basis,” as one… Read More >>
Tullett Prebon Info Targets Fragmented SDR Data
Data provider Tullett Prebon Information (TPI) has just launched an aggregated swap data feed that attempts to collect and standardize the vast amounts of data made available by the creation of Dodd-Frank mandated swap data repositories (SDRs). Dodd-Frank requires reporting counterparties and reporting entities to submit swap transaction data to SDRs via electronic reporting to… Read More >>
The Winners’ Circle for the FTF Awards
Cynthia Meyn, executive vice president for operations at bond fund manager PIMCO, was voted Ops Business Person of the Year as part of the FTF News Technology Innovation Awards 2014. In addition, entrepreneur Stephen Marsh, founder and CEO of Smarsh, the email and social media compliance provider, was chosen FinTech Person of the Year while… Read More >>
