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
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