Asset Management Systems Insights
5th December 2019
After more than a decade of intensifying regulatory scrutiny, and calls for greater transparency across financial markets, it is striking that so many capital markets participants are still mired in compliance-related IT and data complexity without an end in sight. Ultimately, this is because they have not solved some fundamental trade data... read more
2nd December 2019
Gary Barr is the chief data officer at BNY Mellon. We caught up with him to discuss changes in data culture, the organisation’s data management strategy, and different approaches to fintech partnerships.
There has been a lot of talk around central storage and data cleansing. What is BNY Mellon’s approach to managing the... read more
21st November 2019
Each year, the bobsguide Rankings become more competitive, reflective of the vibrant fintech ecosystem and the market it serves.
We ask the market to vote for those firms they believe to stand out from the competition – those who have gone the extra mile in terms of development and servicing their customers. As well as sector specific... read more
10th October 2019
It will take a couple of years for BNY Mellon to cleanse its data so it can be used across the company, according to the bank's global head of digital partnerships, Lucien Foster.
“We are creating a data lake for ourselves and that is really the foundation of what the digital group is looking at and hydrating that lake,”... read more
7th October 2019
Marlena Fitts is Director, Product Marketing at Solovis
Understanding GIPS 2020 Standards and what asset owners need to do from a compliance perspective has become crucial for those in the market. A recent StatPro article on bobsguide provides a high-level overview of the GIPS 2020 changes that would be required at the end of the... read more
27th September 2019
RBS appoints a new CEO
Royal Bank of Scotland has announced the appointment of Alison Rose as new chief executive officer. Rose will succeed CEO Ross McEwan who will step down on November 1 to take up the role of chief executive at the National Australia Bank. She has served the bank for over 27 years.
RBS Chairman Howard... read more
19th September 2019
Time consuming preparations are forcing firms to estimate the number of entities which come under the scope of uncleared margin rules by calculating aggregate average notional amounts (AANA) a year in advance, according to Vanaja Indra, market and regulatory reform director at Insight Investment.
In Europe, AANA must be calculated... read more
18th September 2019
The increasing need for firms to have resilient operating models is putting pressure on fintech partnerships, according to John Marsland, chief operating officer at Schroders Investment Management.
“It has been made very clear by pretty much all of the regulators that we are the ones responsible for the service, regardless of whether... read more
17th September 2019
In the wake of the financial crisis, regulators in the US and Europe have ramped up their oversight on capital markets institutions, driving up compliance costs. Firms are also seeing revenue stagnate as margins are squeezed ever tighter at a time when market volatility is low and outflows increase as investor interest in passive investments... read more
11th September 2019
A lack of sufficient time to implement liquidity stress testing systems to comply with new European requirements is causing concern among managers of alternative investment funds (AIFs) and undertakings for the collective investment in transferable securities (Ucits) funds, according to a board director of an investment fund and the International... read more