TowerGroup: User Firms a Mix of Recs Contradictions Financial services firms are a mix of contradictions when it comes to reconciliation, according to a new survey conducted by CEB TowerGroup Research. Executives responding to the survey say they have hope that there could be enterprise-wide reconciliation and exception management solutions. But they also admit that… Read More >>
McPartland Leaves BlackRock as ACTIV Hires from Morningstar
McPartland Leaves BlackRock for Greenwich Associates Kevin McPartland has left asset manager BlackRock, where he was a director in the electronic trading and market structure group for little over a year, and joined Greenwich Associates as principal to lead a new market structure and technology advisory service, say officials at the market research firm.The new… Read More >>
The Dirty Secrets of Retro Recs Processing
The dirty secret about reconciliation and exception management is that many firms – large and small – are still using mostly manual processes. They are applying a mix of calls, faxes, data feeds, spreadsheets, internally developed applications and a desktop database to the problem, essentially what they were doing to support trading in the late… Read More >>
FTF News Prediction #1 for 2013: A Major Recs Revival Gets Underway
(Editor’s Note: This story is running in our first-ever FTF News Winter/Spring digital issue that features our top five predictions on industry trends that are likely to be the focus for many securities operations and technology professionals throughout 2013. We will be running our prediction stories from the digital issue throughout the Spring. The digital… Read More >>
Tech Spotlight: Gresham Computing
(Editor’s Note: Gresham Computing, based in London, is this week’s focus for the FTF News Tech Spotlight. Our Q&A with the CEO Chris Errington details how the upstart provider has reinvented itself just in time for a renaissance in reconciliation. This and other Q&A’s with key upstart companies will be featured in FTF’s online magazine,… Read More >>
Mark Loader Moving to ITRS Group from Thomson Reuters
Mark Loader Moving to ITRS Group from Thomson Reuters Mark Loader, the current global head of quantitative analytics and data feeds at Thomson Reuters will be moving to ITRS Group this month where he will serve as head of sales for the Asia/Pacific region, officials say. ITRS created this position in order to expand and… Read More >>
