cpa, iWorks, SunGard’s insurance business

9
Dec
2010

International financial reporting standards – timeline

Contributor:

International Financial Reporting Standards (“IFRS”) are the standards being utilized by many companies around the world and IFRS is fast becoming the global accounting standard. The ultimate goal of IFRS is to put all companies on the same playing field when it comes to financial reporting. These standards will allow for the comparison of financial statements between companies no matter what country a company may be domiciled.... read more

deputy head of strategy, SunGard’s capital markets business

9
Dec
2010

OTC derivatives, holistic data and standard reporting: a video interview with Finextra

Contributor:

During a recent trip to snowy London, I was fortunate to finally meet Finextra’s Liz Lumley in person. As the multimedia and special projects editor, Liz conducted a brief video interview with me that is now live on the Finextra site. In the video, you will see us discus several topics that I believe are only going to become a bigger conversation as we move into 2011. This includes the move toward central counterparty clearing of OTC derivatives; the imperative for centralized, holistic, real-time data aggregation; and on-demand, standardized reporting. I may sound like a broken record, but when it comes to the new financial regulatory landscape, we are still just beginning to learn what the regulators have in mind for the industry in the coming months and years.... read more

principal, SunGard Global Services

8
Dec
2010

Enhance utility operations to improve customer service and lower costs

Contributor:

Many utility customers today are focused on expanding their retail market presence and increasing their client acquisition channels while continuing to lower the operating cost per client. The key to successfully executing this strategy is expanding operating capacity while managing down costs. Organizations that can successfully utilize their technical capabilities and continuously improve operating processes will establish themselves as the market leaders in the expanding retail landscape. These critical areas of focus are divided across the technology, operations and business process competencies.... read more

director, risk advisory, SunGard’s banking business

7
Dec
2010

Does new regulation actually come too late?

Contributor:

When looking at the Greek and Irish calamities over the last couple of weeks and months, the thing that got me thinking was, could this have been prevented? Of course, the thought itself is preposterous! Make no mistake, dodgy accounts in Greece’s case and a banking system that crippled Ireland’s finances are formidable issues. So, those in charge of running the treasuries and debt financing agencies deserve our utmost respect for theirs is truly a herculean task.... read more

global director of actuarial and Solvency II consulting, SunGard’s insurance business

6
Dec
2010

Insurers can reap big benefits from Solvency II

Contributor:

While the initial reaction to Solvency II may be that compliance is a costly and timely nuisance, in the long run, insurers can expect to accrue solid business benefits from their Solvency II compliance. With greater transparency into their capital holdings and risk exposure, insurers will offer better sightlines into their operations for both investors and customers.... read more