Asset Management Systems Insights
22nd October 2018
The world's central banks should consider a decentralised approach to economic management, said Ethereum blockchain co-founder and current CEO of ConsenSys, Joseph Lubin, at Sibos 2018 in Sydney.
“I see physical cash as fundamentally analogue in that it represents a central bank’s issuance which is... read more
16th October 2018
While Theresa May told the UK's House of Commons on Monday that a Brexit deal was “still achievable” with five months remaining until the UK leaves the EU, 59% of investment firms are working towards a no deal Brexit, rather than wait for any potential political resolution.
For financial services the priority concern is... read more
24th September 2018
In the back offices of banks and asset managers around the world there are multiple functional entities and processes, which in time, have grown separately and developed their own bottlenecks. The 21st century has introduced topics such as customer experience and regulatory burden, which the existing back office setups do not necessarily support.... read more
13th September 2018
This week the board of directors at Broadridge announced that Tim Gokey, current president and chief operating officer, will become the company's new chief executive, and Rich Daly, current chief executive, will take on the role of executive chairman of the board. Les Brun, independent chairman of the board becomes lead independent director.... read more
10th September 2018
It has been more than six months since the go-live of MiFID II and for most executing firms transaction reporting has become part and parcel of their operational workflows.
For those working on transaction reporting, 2018 will have been a mixture of successes and frustrations. In the first half of this year the market data processor (MDP) has... read more
6th September 2018
Some vendors and brokerage firms claim to provide the best trading systems with diverse functions to assist traders, making it incredibly difficult for those aiming to make a purchase. However, several trading systems stand out of the crowd for their agility and adaptability.
Winner of the Trading System of the Year Award 2018, Tora was... read more
23rd August 2018
Thomson Reuters announced a partnered with Trax on August 22 to enable systematic internalisers (SIs) to more easily meet their Mifid II reporting and compliance requirements.
As part of the agreement, Thomson Reuters will provide Trax with its reference and market data to support Trax’s Mifid II regulatory reporting and SI determination... read more
10th August 2018
Beyond the imperative of return on investment, the entire collective enterprise of PERE investment relies upon collaboration between a growing number of parties; investors, investment managers (IM), management companies, asset servicers, custodians. Further, there is the wider circle that includes regulatory bodies, auditors, tax authorities and... read more
6th August 2018
Dubbed “bigger than Brexit” by the Deutsche Bank treasurer, the shift away from the Libor benchmark is unprecedented.
Ever since evidence emerged of ‘the Libor Scandal’ back in 2008, and particularly its role in the crisis, global regulators are eager to move away from the benchmark.
Libor at a glance
The London... read more
1st August 2018
Cryptocurrencies still remain on the sidelines of mainstream financial markets, with question marks still being raised over their viability among major market participants.
“I’ve been a crypto fanatic ever since it came out, to be part of the ecosystem, not speculate,” Says Gurjeet Singh, CEO of Palo Alto-based... read more