Risk Management, Performance & Reporting
Integration Time
Following the recent market turmoil, most market participants expect to see more regulation, particularly in the OTC derivatives market. The credit crunch has highlighted numerous issues with existing processing of these instruments - one of which was…
Northern exposure
Grant Speirs recently made the northern trek from Cape Town to London to assume the position of group financial director at investment manager M&G, the holding company of his previous firm, Prudential Portfolio Managers. He speaks with Victor Anderson…
Month in Numbers
'The decision to get an automated reconciliation engine was a no-brainer - doing cash and scrip reconciliations is not a value-add. It's hugely important from a risk perspective, but should we be using intelligent staff to do something so menial?'
Case study Perfect partners
Guernsey-based Corazon Capital has been through a number of organisational changes in its twelve-year history, which culminated in the implementation of a new investment management platform developed by Third Financial Software at the end of last year …
The party's over
One of the by-products of the ongoing global financial meltdown is the likely cessation of self-regulation for buy-side institutions.
Idiosyncrasies of counterparty risk
Out of all the skeletons now hanging (thankfully) in the 2008 closet - from Lehman Brothers and Bear Stearns to Jérôme Kerviel, Samuel Israel III and, of course, Bernard Madoff - one lesson should have been universally learnt: when you're investing money…
Technology spending to drop 5% during 2009
Ongoing challenges impacting financial market participants is likely to drive down technology spending at buy-side firms even though they are being spurred by regulators and investors to enhance their enterprise-wide risk management and transparency…
Truly Going Global
Anyone trying to predict the future of exchange evolution should be familiar with the standard industry boilerplate: Past performance is not a guarantee of future results. With that said, however, it's an amazing time to watch these new global exchange…
Head in the clouds
By the time the glasses were raised and the soup was served at last month's Buy-Side Technology Awards lunch, I don't think I was alone in sensing a slight air of tension in the dining room of London's Lanesborough hotel. That wasn't because of the…
McDonnell IM switches to ASP version of Eagle system
McDonnell Investment Management, a Chicago-based fixed-income manager with approximately $12 billion under management, has switched from an installed version of Eagle Investment Systems' accounting platform to the vendor's hosted offering, Eagle Access,…
Stifling "innovation"
Now that the adults are set to retake charge of the US federal government next January, the likelihood of more substantive regulation of the financial services industry has become all the more probable, even though we still have only vague notions of…
Splicing Succes
Merging two firms is never easy, especially in today's less-than-optimal financial environment. DWT reporter Oksana Poltavets sits down with Cynthia Zeltwanger, global COO of Newedge, to discuss the integration of Société Générale's Fimat Group and…
HSBC Aims to Achieve Global Platform ROI
LONDON-In 2009, HSBC expects to reach a "harmonization" phase in terms of return on investment (ROI) from a multi-year investment in a standard global IT platform, according to bank officials.
Much Ado About Commodities
Company Profile
Keeping an Open Mind
The Daly Close
Rough Waters
Risk
Information, Information, Information
Dilip Kumar and Michelle Warra suggest how to improve data quality