(FTF News recently got time with Justin Wheatley, group chief executive for StatPro, which won the Best Performance Measurement System honor of the FTF News Technology Innovation Awards for 2018. Wheatley’s career got its start in 1989 when he was a salesman with Micropal, an independent information provider covering mutual funds. By 1994, Wheatley founded… Read More >>
Multiple Systems & Processes Complicate Data Consolidation: Q&A
(Matthew Bergerman, the director of product management at DTCC Data Services, oversees the development of data solutions for the equity, fixed income and reference data markets. An industry veteran with more than 20 years of experience in the financial information industry, Bergerman joined the DTCC in 2015 after leading market data and reference data efforts… Read More >>
High Margin Call Volumes Spur Operational Overhaul: Q&A
(Last year, the industry responded strongly to TriOptima’s counterparty exposure management service triResolve Margin when it became clear that regulatory changes would drive up margin call volumes, explains David White, the London-based head of sales for triResolve at TriOptima. In fact, triResolve Margin was voted Best Collateral Management Solution via the FTF News Technology Innovation… Read More >>
‘Cost of Capital Still Greater Than ROE:’ Q&A
(As he sees it, the biggest industry challenge right now is the stubborn fact that the cost of capital is still greater than the return on equity (ROE), says Michael Alexander, president of wealth and capital markets solutions for Broadridge Financial Solutions in North America. This translates into ongoing pressure to cut costs and grow… Read More >>
Why Minimizing Counterparty Credit Risk is Crucial: Q&A
(NEX introduced triBalance last year to help financial services firms grappling with multilateral rebalancing of counterparty risk exposures, among other Ops challenges. The launch has paid off for NEX as voters in the FTF News Technology Innovation awards competition picked the offering as the Best New Post-Trade Solution. FTF News got time with Michael Modlock,… Read More >>
Get Ready for More Regulatory Compliance Changes: Q&A
(FTF News got time with Kurt Eldridge, executive vice president, global head of sales at SmartStream Technologies, to talk about the regulatory road ahead and about SmartStream’s win as Best RegTech Solution via the FTF News Technology Innovation awards. At SmartStream, Eldridge oversees the global sales team and its associated revenue-generating activities. He became part… Read More >>
Why Client Reporting No Longer Burdens Firms: Q&A
(The client reporting space has come a long way since the days when it was viewed as only a back-office, administrative function, says Stuart Keeler who is managing director of SimCorp’s Coric offering. Over the years, the potential of optimal client reporting has been historically underestimated, Keeler adds. At SimCorp, Keeler oversees the growth of… Read More >>
Advanced Technologies Will Help Firms Catch Crooks: Q&A
(Advanced technologies such as behavioral analytics, machine learning, artificial intelligence (AI), natural language processing and cutting-edge behavioral analytics are going to be game-changers in the ever-expanding challenge to detect and uproot financial crime, says Lee Garf, general manager, financial markets compliance for NICE Actimize. He took time out of his very busy day to answer… Read More >>
Firms Want Scalability via Cloud-Based Ops: Q&A
(Some financial services firms are still reluctant to hand over control of key aspects of back-office operations, says Al Castillo, senior director, solutions management at SS&C Advent, in his recent interview with FTF News. However, the scalability that the cloud provides usually wins them over. Castillo is responsible for the North American cloud delivery and… Read More >>
Broadridge Offers More Details About Its Blockchain Plans
(Horacio Barakat, vice president of corporate strategy at Broadridge Financial Solutions, already acknowledges in a recent FTF Awards video. that the company has “accomplished a lot over the last 12 to 18 months” in its efforts to take advantage of blockchain and distributed ledger technology (DLT). In particular, the vendor has had breakthroughs via a DLT-based… Read More >>