The Financial Stability Board (FSB), a regulatory and policy go-between for national financial authorities and standard-setting bodies, has published a risk assessment of “crypto-assets and their markets,” and, among other factors, has identified key IT, operational and cyber-security pitfalls. In a new report on the subject, “Crypto-asset markets: Potential channels for future financial stability implications,”… Read More >>
Canadian Firm Shifts Fund Administration to SS&C
Canadian firm, Nicola Wealth Management (NWM), has turned to SS&C Technologies to provide fund administration services for nearly $4 billion in assets under management (AUM) in an effort to bolster productivity and reduce operational risk, NWM officials say. SS&C’s fund administration services such as fund accounting and investor services will support NWM’s 15 funds and… Read More >>