global head of strategy, SunGard's capital markets business

TABB GROUP’S KEVIN MCPARTLAND ON REGULATORY REFORM [PODCAST]

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We recently recorded several podcasts with industry analysts to discuss current trends and challenges facing the capital markets. One was with Kevin McPartland, principal and director of fixed income research at TABB Group, who spoke about regulatory reform and its impact on capital markets.

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SunGard’s own Brenda Mickiewicz, senior manager of analyst relations, sat down with Kevin to ask him about his views on data management, risk strategies, OTC derivatives, and the benefits of regulatory reform developments. Kevin mentioned several points that echo my own sentiments:

  • One of the biggest goals of financial regulatory reform is transparency, and a significant part of that is data. Kevin says that where you get it, who you get it from, and what you do with data are all important. I agree. The need for accessible, enterprise-wide data is key; however, the quality of the information is the most critical factor to satisfying new regulatory demands on a global scale.
  • To say that regulatory reform is incredibly complex would be an understatement. Reading about it in the news only conveys a surface understanding of its complexity; when you speak with the person responsible for one specific area at a firm and hear about his or her unique challenges, then talk to another person in another area, you begin to see how complicated the regulatory changes are going to be since they span so many previously separate departments. Implementation simply cannot be rushed – the changes are too all-encompassing.
  • Regulatory compliance projects will lead to many innovations. With sweeping changes on the horizon, capital markets firms will seek new ways to gain a competitive edge. As Kevin says, this will open up opportunities to innovate across all aspects of financial technology. Our automation and processing expertise in listed instruments is already being utilized in the OTC area. Some of our customers are even leveraging geographical advantages. We are committed to being a part of this industry innovation partnering with our customers who are leveraging our expertise across the globe.

With the road to regulatory reform continuing to be an uncertain one, speaking to industry experts like Kevin can help you understand how best to capitalize on change. Listen to this podcast on regulatory reform and respond with your own questions about the challenges and opportunities that lie ahead.

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