17
Dec
2013

Reducing Risk and Gaining Control of Corporate Actions Processing

Contributor:

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

10
Dec
2013

What’s Next for Corporate Actions? — #XSPchat Twitter Q&A

Contributor:

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

10
Dec
2013

The Domino Effect on Your Firm’s Compliance Program

Contributor:

This blog post was originally published by Wall Street & Technology. Author: Sridhar Athreya, principal, SunGard Consulting Services Adherence to rules and procedures is something investment banks have long been scrutinized for, with regulatory non-compliance being recognized as a prominent failure. For many investment banks, compliance teams are growing in size and so too are the costs associated both with compliance and non-compliance. However, even with increased funding and commitment, compliance is arguably not being effectively instituted across the enterprise, nor is it acting as the business enabler it should be. Financial institutions are struggling with the issue at hand: meeting the requirements of new and existing regulations. However, what firms may not recognize is that compliance is a multi-faceted process with many different factors at play and several internal and external stakeholder expectations to meet.... read more

9
Dec
2013

The Dangers of Copy and Paste – Why Manual Processes Are Putting Hedging Operations at Risk

Contributor:

Author: Arnaud Terrien, head of business development, Asia-Pacific, SunGard's Kiodex While manual processes can help firms perform a myriad of calculations on extensive datasets, undue reliance on them can lead to increased risks, which could result in significant financial losses, particularly for hedging operations.... read more

trading and client connectivity, SunGard’s global trading business

25
Nov
2013

Algorithmic Trading – The Importance of Clear Definitions

Contributor:

A version of this blog post originally appeared in TabbFORUM's QuantFORUM. When it comes to the vexed issue of what algorithmic trading really is, definitions often get blurred in heated discussions of the risks and dangers involved. We have already seen several regulatory initiatives aimed at containing the risks of what is referred to as “algorithmic trading,” and we’re likely to see more, so it has become increasingly important to be clear about scope and context.... read more