Buy-side services provider Conifer didn't have an overnight monitoring process—not exactly. The San Francisco-based firm had a 4:30-in-the-morning process, which may sound like the middle of the night, but the early shift wasn't early enough.
Management wanted a true overnight process, something that would give them more time to detect and fix problems before the markets opened. They mulled hiring an overnight staff, but doing so would have taken on a life of its own. A new staff meant managers,
James and Anthony talk about the looming Sibos event in Toronto and take a look at some recent M&A activity and blockchain developments in the capital markets.Subscribe to Weekly Wrap emails