The $20 billion Boston-based investment manager will use the vendor's Sentinel Compliance Service to reduce operating costs across its taxable fixed income, municipal fixed income, institutional, advisory, and private client businesses.
Sentinel, a comprehensive outsourced compliance function targeted primarily at the buy side, includes rule coding, regulatory updates, data management, platform upgrades, and daily operations for pre- and post-trade compliance.
“By centralizing compliance onto the Fidessa service, GW&K now operates a scalable, efficient and robust compliance operation. Fidessa is providing a real and practical way for firms like GW&K to manage the challenges facing the global asset management community on a daily basis," says Megan Costello, president of Fidessa’s buy-side business in North America.
Bill Murphy, CTO of Blackstone, once again joins the podcast to discuss the private equity firm's new offices, designed to house its innovations team.Subscribe to Weekly Wrap emails