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
Contributor: Sridhar Athreya
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
Contributor: Arnaud Terrien
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
Contributor: David Morgan
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