Spotlight on Neal Goldstein

Why did you decide to join Liquidnet?

I worked in Canada and the US for a large bank for most of my career. I had done much of what I could do there and I was looking for something more entrepreneurial with a long-term strategy. When you scan the Street and look for companies fitting this description you get down to only a small handful. Further, if you overlay the desire to work with arguably the best culture in New York City, for what is truly a major financial services firm, the name Liquidnet

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With T+1 compliance set to begin next May, firms will likely be burdened by reduced IT budgets, existing legacy systems and manual processes over the next 15 months. So, while faster settlement will help innovate the middle and back office, some argue industry needs a longer timeline.

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For as long as the investment management industry has used software, there has been a debate about whether asset managers should build or buy their tools. Jonas Svallin, global head of quantitative research and product development at FactSet, argues that…

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