Contributor: Daniel Parker
This blog post was originally published on TabbFORUM.
Over the past few years, the financial markets have undergone significant infrastructure realignment caused in part by global regulatory responses to the most recent financial crisis. For market participants, this has led to a frenzy of internal collaboration for the purpose of process reconfiguration – specifically for post-trade processing.
Although changing regulations continue to inspire enhancements of post-trade servicing for the benefit of a streamlined workflow, the genuine compelling push concerning post-trade harmonization is industry-driven innovation and its response to liquidity deficiency and settlement risk concerns – many of which are cross-border relevant.... read more
deputy head of strategy, SunGard’s capital markets business
Contributor: Tony Scianna
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
executive vice president, SunGard’s brokerage & clearance business
Contributor: Scott Foster
As the conversations continue around what will happen next for the financial industry as a result of Dodd-Frank and Basel III, there remains a sense of uncertainty in the air. Firms are grappling with the task of preparing for the new regulatory reality that we will all soon face. There are a lot of questions, but not enough answers yet.... read more