Contributor: Past Author - Gerry Murphy
SunGard’s New York City Day event, held at the Waldorf-Astoria last week, was an afternoon filled with new ideas and forward-thinking conversations about best practices and the next steps for our industry. From the start of the day through the keynote, during discussions in the hallways and in the focused breakout sessions, the energy was high and people were connecting to talk about what happens next.... read more
Contributor: Norman Bouchard
Registered Investment Advisors (RIAs) have been seeking a multi-custodian trading solution for years. The value and efficiencies of being able to look across all of a client’s accounts when the assets are held in multiple locations are self evident. Multi-custodian trading capabilities can help bring new efficiencies to RIAs’ operations and provide more effective management of client assets.... read more
Contributor: Colin Day
In my recent blog posts, ‘Lessons learned from the economic downturn’ and ‘What does it mean to be a ’Well Managed’ bank?’, you may recall that we have been following the exploits of my 14-year old son as he attempts to find the right bank to open his first bank account. How hard can it really be? If you read my most recent post, you can see that I tried once again to encourage him to seek guidance from my wife. After all, nine times out of ten she will be the one that has to help him out with any day-to-day issues. Alas, it didn’t work and he still hasn’t made up his mind!... read more
Contributor: Colin Day
In a blog I posted last week, ‘Lessons learned from the economic downturn’, you may recall my 14-year old son was asking if he could open his own bank account and with which bank he should deposit his hard earned pocket money. I decided to take the path of information overload, and explained that at a high level, a bank should engage in the prudent management of its assets. This means that a bank needs to balance the interests of its owners and other stakeholders both now and in the future. Assets need to be deployed efficiently to maximize current profits. However, the assets also need to be applied in a way that seems likely to produce future revenue streams and opportunities, balanced against the likelihood of future losses resulting from unforeseen events. In other words, risk needs to be taken into account – and the longer the time period that the bank uses for its business planning, the more import risk management and mitigation techniques become.... read more
Contributor: Natalie Wyatt
As we move through our fourth decade, things seem to change in ways that we do not expect. Much to the dismay of vendors, advisors and the participants, the realm of the 403(b) has not been able to escape the proverbial midlife crisis either. A true child of the 60’s, with the first 403(b) regulations released in 1964, the 403(b) followed the beat of a different drummer, separate from the self-absorbed and attention grabbing 401(k) that emerged almost two decades later. The warning signs of something on the horizon were there, and as we were soon to find out, to everything there is a season. For the 403(b), it started in November 2004 with the proposed regulations, and then we faced the confirmation of some our worst fears with the release of the final regulations in July of 2007. The final version of the new 403(b) regulations touched any employee requested transaction, including loans, hardships and exchanges, not to mention the additional oversight and reporting requirements that fell to the plan sponsors.... read more
SunGard is one of the world’s leading software and technology services companies. Our four businesses serve approximately 25,000 customers in more than 70 countries.
© SunGard 2002–2013
older posts
