Financial services firms should automate and speed up operations, fill risk management gaps, and customize compliance training to help themselves detect early signs of insider trading and massive trading errors especially in the wake of reinvigorated U.S. federal prosecutors and regulators, epitomized by the plea agreement announced yesterday against SAC Capital Advisers and other hedge… Read More >>
Ops Lessons from the Shutdown?
Most firms on Wall Street, regardless of political affiliation, probably see the federal government shutdown combined with the debt ceiling crisis as a waste of time and money especially when the U.S. recovery needs all the help it can get from Washington. For securities operations, though, there is a little cold comfort in the takeaways… Read More >>
The New Rules of Operational Data Management
Banks and securities firms are under regulatory and competitive pressures to get a better grip on the operational data management of key middle- and back-office functions that have been poorly served for decades. The push for ops data efficiencies has resulted in some new ground rules for how firms will take on their complex internal… Read More >>
Rethinking Private Clouds
Veteran IT management consultant Aditya Watal is urging trading firms to look at private clouds in a new light, starting with the greater use of open source technology. He would also like to see mainframe-based, back office systems move to private clouds, and a cloud offering for buy-side firms that combines fund processing, operations and… Read More >>
