Author: Marcus Cree, vice president, risk solutions, SunGard Over the past eighteen months, we have all seen how events have altered the perception of risk management, both inside and outside an organization. Has increased scrutiny on risk managers translated into tangible changes to the way risk is currently being approached? I’ve noticed three broad trends [...]
Monthly Archives:: March 2010
SunGard’s approach is to offer our clients and their FIX counterparts Rules Of Engagement that are in line with FIX best practices, whether it is about collecting a plain-vanilla equity order, a derivative order, a client allocation, or broadcasting market data.
On Monday, the Senate Banking Committee quickly approved Senator Christopher Dodd’s sweeping financial reform bill, moving it forward to the Senate floor with a 13-10 vote.
This week I joined a group of my peers at FTF’s one-day 4th Annual OpRisk Workshop in New York. There were several speakers there sharing ideas and insight about risk, and I was fortunate enough to join Ilene Harker of Western Asset Management, Kate Leibfried of Citi and moderator Paul Zubulake of Aite Group on a panel called Enterprise Risk Management: Obstacles and Benefits.
Author: Rich Hulit, executive vice president, SunGard’s brokerage & clearance business Last Thursday, I joined a full room at the FIA Expo in Boca Raton for CFTC Chairman Gary Gensler’s keynote speech. If you have been keeping up with Gensler’s recent speeches, you know that he is a passionate supporter of increasing transparency in the [...]
According to respected industry analysts from TowerGroup, financial services institutions are “vastly underestimating” the impending customer service expenses related to cost basis reporting requirements. That suggests that firms need to start preparing now, because January 1, 2011 will approach quickly – you simply cannot afford to wait to solidify your cost basis reporting plans.