Asset Management Systems Insights
28th February 2019
Sample tests of transaction data provided by national competent authorities (NCAs) back to market participants is an “extra layer of complexity, and cost” which essentially results in “doing the same job twice,” said Adrian Clark, head of business risk and governance, at RBC Global Asset Management, at an industry event... read more
28th February 2019
Significant issues remain in the disclosure of cost calculations within asset management, according to Nick Miller, head of asset management supervision, at the UK’s Financial Conduct Authority (FCA), at an industry event this week in London.
On Thursday, the FCA called on firms to act following a review of costs and charges disclosure in... read more
28th February 2019
Asset management firms need to look at “the sins of the past” when aiming to create new operating models and break down siloed technology in the back office, said Jo Parkhill, CASS consultant at Cashfac, on a panel at the Summit for Asset Management (TSAM) in London this week.
“The default position has been to outsource back... read more
24th January 2019
As the world becomes increasingly digital, start-ups specializing in blockchain and fintech are transforming businesses across the board. Yet with constantly changing regulation and the need to compete with digital disruption, 2019 will be the year when regtech rises to the top of the agenda for the c-suite in financial institutions.
... read more
21st January 2019
For buy-side firms, the need to manage operations with more efficiency has never been greater. Rising regulatory costs and fee compression driven by passive funds have caused asset managers to scrutinise every area of their processes like never before.
The relationship between an asset manager and its vendor partners is one such domain that is... read more
3rd January 2019
Despite significant rules designed to unbundle research costs within the asset management industry - which came into force under the second Markets in Financial Instruments Directive (Mifid II) - many of the behaviours undertaken before the directive have continued, says Chris Turnbull, co-founder of Electronic Research Interchange (ERIC). For... read more
11th December 2018
We asked market participants to vote for their top fintech software providers for the year, and they obliged: the bobsguide 2018 Software Rankings voting system was inundated with votes from firms employing financial software solutions and now, we’re very pleased to announce those organisations that have really impressed their customers... read more
3rd December 2018
Becoming smarter with the management of data is key to driving efficiency, accuracy, and innovation in most industries, via rules-based automation.
However too often data complexity, caused by integration issues, incompatibility and poor visibility, makes it difficult for Capital Markets organisations to move forward.... read more
24th October 2018
Since 2007, Broadridge has announced the acquisition of 29 companies, three of which have been in 2018.
At Sibos 2018 in Sydney, the company announced another newly acquired solution, a next generation, SaaS global asset servicing tool. The new solution looks to leverage cloud technology to address end to end asset servicing... read more
23rd October 2018
“The regulatory burden on a financial institution operating in multiple regimes - plus Brexit - is incredibly large,” said Harry Chopra, chief client officer of AxiomSL on the sidelines of Sibos 2018 in Sydney, Australia. “You get regulatory fatigue at some point,” said Chopra.
Educating the industry is therefore... read more