head of product management, Front Arena, SunGard's capital markets business
Contributor: Tim Dodd
This blog post is part of a four-part series on the transformation of capital markets. A version of this blog post was originally published by DerivSource.
Progress and change in financial services businesses come from a stirred mix of regulation, technology and creativity — with powerful interests in the status quo usually dragging on the spoon.
The first ingredient, regulation, has been the most important since the financial crisis, and the end effects of the global drive in this area are only now beginning to be felt as the first rules on execution from the Dodd-Frank and EMIR processes come into effect in the U.S. and Europe. ... read more
market analyst, Astec Analytics, SunGard's capital markets business
Contributor: Karl Loomes
This blog post was originally published by Forbes.
It was an interesting and busy year for short sellers in 2013, with climbing stock markets offering opportunities for those making the right bets against the momentum. With growing concerns over the tapering and easing off of quantitative easing and stimulus measures, a number of individual names have been outpacing the broader market, either up or down, and have become synonymous with short selling and have become a regular feature in SunGard’s Astec Analytics’ weekly Top 10.
Looking at borrowed volumes, borrowing cost, utilization, client interest and news driven stories, we have compiled a top 10 list of the most shorted stocks of 2013.... read more
This article was first published in the official journal of the South Africa Institute of Retirement Funds, IRFinity, and Insurance Gateway.
Author: Brian Anderson, head of business development, Africa, SunGard
The South African retirement industry is grappling with the need to accommodate reforms and deliver on new demands to strengthen retirement savings at a lower operating cost. Optimized IT infrastructure offers some of the solutions.
The main challenges facing the industry include cost containment, regulatory changes and growth imperatives. A range of pending retirement reforms are putting pressure on the sector and demanding new levels of efficiency, agility and compliance. Recent research by PwC and the Centre for the Study of Financial Innovation found that the wave of new regulations governing issues such as solvency and market conduct could swamp retirement funds and long-term insurers with costs and compliance requirements. The research also found that the new rules could also distract retirement fund and insurance managers from the more urgent task of running profitable businesses at a time when the industry is under stress.... read more
Contributor: Brendan Farrell
Relying on manual methods to manage the corporate actions lifecycle makes for a costly, labor-intensive activity. Human error can infiltrate the workflows for both relatively simple announcements such as stock splits and more intricate multi-part events such as cash stock options or rights issues, which require a complex, multi-step process to complete related notifications. At the same time, when processing steps come into question, their resolution may be left open to interpretation.... read more
Contributor: Brendan Farrell
Author: Brendan Farrell, SunGard's XSP
Today I participated in a live Twitter Chat at #XSPchat with Virginie O’Shea of Aite Group to discuss corporate actions as we head into 2014. We covered topics from risk to technology to message format coexistence.
In case you missed the live chat on Twitter, you can read the entire Q&A below.
If you have your own question about what’s next for corporate actions, please leave a comment, share a tweet, or send a carrier pigeon (although I admit the carrier pigeon method is not my preference), and I would be happy to continue the conversation.... read more