Omgeo Replaces Chief Compliance Officer Post-trade services provider Omgeo has hired industry veteran Jeannie Shanahan to be its new managing director of governance, risk management and compliance replacing Kara L. Hill, who left her post as chief compliance officer to be vice president and deputy general auditor for the DTCC, confirm Omgeo officials. Hill joined… Read More >>
Omgeo Adds LEI Support as Smarsh, Nasdaq and Protegent Advance Social Media Surveillance
Omgeo Adds LEI Support to Alerts Via Avox Post-trade services provider Omgeo now has support for the global Legal Entity Identifier (LEI) initiative via additional entity- and fund-level fields and data as part of its Alerts web-based global database for account and standing settlement instructions (SSI), officials say.The new LEI support comes via Omgeo’s partnership… Read More >>
Case Study: Lincoln Financial Group Fills a Big Wealth Management Gap
Two years ago, Lincoln Financial Group could not find an off-the-shelf, client-facing, mobile wealth management analysis application that would help its retirement income services business. Undaunted, Lincoln Financial decided to build an app—with a little help from Fiserv.More and more, firms are turning to vendors to collaborate on new or enhanced applications. In March, FTF… Read More >>
Former Logica CFO Joins Misys as Spot Trading Shuffles Execs
Misys Hires CFO from Logica Misys, a provider of banking, treasury, trading and risk solutions, has hired the former chief financial officer (CFO) for Logica, Himanshu Raja, to be its CFO as Misys readies itself for growth, officials say. At Logica, Raja led the sale process that resulted in CGI of Canada acquiring Logica for… Read More >>
Misys and MarkitSERV Tackle NDF Clearing
Fund management clients of the Misys Confirmation Matching Service (CMS) asked Misys to help them meet their regulatory requirement by mid-year to clear non-deliverable forward (NDF) trades based on convertible foreign currency. This led to a partnership with MarkitSERV, an over-the counter (OTC) derivative transactions clearing gateway, to transport these FX derivatives to central counterparty… Read More >>
Sibos Osaka Update
In an attempt to bring more automation to post trade operations, global financial messaging provider SWIFT has tapped reconciliation solutions vendor SmartStream Technologies to develop a cloud-based version of the SWIFT confirmation matching platform, dubbed Accord, say officials at the Sibos 2012 conference underway in Osaka, Japan. The SWIFT event is at the INTEX center… Read More >>