Fidelity's Glitch Reveals Fund Price Reporting Risks
FRONT PAGE
WITH investment management firms' price-reporting systems pushed to the limit by the rapid growth of the mutual fund market, many buy-side technologists felt a chill of mortality--or fallibility at least--when they read about Fidelity Management & Research Co.'s humiliating price-dissemination snafu late last month.
Fidelity sent erroneous mutual fund prices to the National Association of Securities Dealers (NASD) on June 17, causing inaccurate prices to be published--not to mention a heavy
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Operations
Waters Wavelength
Wavelength Podcast Ep. 211: Using Behavioral Analytics
Essentia Analytics' Clare Flynn Levy talks about how buy-side firms are using behavioral analytics in the investment process.
Subscribe to Weekly Wrap emails
Most read
- How Cloud, APIs, and Open Source Are Changing the World of Fintech (And Blockchain's ZTA Play)
- Remembering Our Friends and Colleagues
- Digital Rights Project for Data Usage Faces Legal, Operational Hurdles
- Low-Code Movement Gains Converts, but Skeptics Remain
- SocGen Builds Serverless-Code Environment, Explores Virtualized Computing