• inside_market_data
  • inside_reference_data
  • buy_side_technology
  • sell_side_technology


IRD's Senior Reporter on the FCA's Review of Outsourcing

  • Send
  • Comment
  • Send to Kindle

Nicholas Hamilton discusses calls from the UK's Financial Conduct Authority for asset managers to develop better contingency plans in case one of their third-party service providers fails

The UK's Financial Conduct Authority (FCA) wrote to asset managers at the end of 2012 highlighting its concerns about the industry's dependence on third-party service providers and the lack of contingency plans in place, in case a service provider should fail.

Above, Nicholas Hamilton explains the FCA's concerns about resilience risk and oversight risk, and the industry's response, which has led to the publication this month of new principles for asset managers to follow.

For more on this topic, click on this link.    

  • Send
  • Comment
  • Send to Kindle

Visitor comments Add your comment


Add your comment

We won't publish your address

By submitting a comment you agree to abide by our Terms & Conditions Your comment will be moderated before publication

Submit your comment

NOW OPEN -- Inside Reference Data Awards 2014

For more details...

Call-for-entry and voting are now open for the 12th annual Inside Reference Data Awards 2014, which take place in New York on May 21. For more details of the criteria across the call-for-entry and voting categories that recognize industry excellence within market data and reference data click here.


Latest Whitepapers


A data-centric approach to portfolio management

A fast, flexible and reliable investment decision-making process must be based on access to accurate and consistent information throughout an organization....


Taking on Tablets: BYOD On The Trading Floor

We have truly entered the Age of Bring Your Own Device, or BYOD. And as with every new era fuelled by innovation, the new challenges are screaming for...