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Managing Corporate Actions Risk
Despite industry efforts to reduce financial losses typically associated with corporate actions processing, managing risk remains one of the major challenges for the corporate actions industry. On November 18, Inside Reference Data gathered leading…
Relying on Regulation
While cost cutting was an overriding theme in the data management industry in 2009, the improved economic environment now means value-adding projects to help manage risk and meet regulatory requirements are back on the agenda. Inside Reference Data…
Industry Prepares
For February Options Symbology Change, OCC Announces New Test Date
Editor's Letter - Bigging-up the back office
From a buy-side perspective, the front office has traditionally been where all the sexy action takes place. And rightly so. It's the area of the business directly responsible for performance. Come to think of it, the front office is a bit like the engine…
Parametric selects Fidessa LatentZero's Minerva OEMS
Parametric Portfolio Associates, a Seattle-based registered investment adviser, has selected the Minerva order and execution management system (OEMS) from Fidessa LatentZero to manage $30 billion in assets across more than 16,000 separately-managed…
Speculators in the crosshairs
The Commodity Futures Trading Commission (CFTC) is considering implementing position limits for buy-side players trading energy products, potentially restricting the number of positions traders can take on futures exchanges. Stewart Eisenhart reports
MSIM outsources to State Street
Morgan Stanley Investment Management (MSIM) has signed a deal with State Street Corporation that will see State Street provide MSIM with outsourced investment manager operations services for approximately $300 billion in assets. State Street will provide…
Dabbling in the dark
Dark pools started to appear as early as a decade ago in the US market, but it has only been over the course of the last two years that they have attracted sufficient liquidity – perhaps as much as 12% of US equity orders and 4% in Europe – to make them…
Spotlight on Greg Conley
No stranger to the role of chief executive, Greg Conley has taken the reins at Swiss front- and middle-office technology developer Odyssey Financial Technologies. This will be his fourth chief executive post, having previously headed-up Verio, Tanning…
Fiduciary Trust looks to SunGard for trading and reporting support
Boston-based Fiduciary Trust Company has implemented a number of SunGard applications integrated with SunGard's Global Plus asset management and custody platform to help expand its automated trading, portfolio management, account review, compliance…
Bottom-up reform
What little difference a year makes. Twelve months ago, financial services participants, observers and press - including yours truly - were anticipating major regulatory overhauls and new oversight of the industry following Barack Obama's election and…
Another bulge-bracket client down south for Charles River
Public Investment Corporation (PIC), the wholly-owned investment management arm of the South African government founded in April 2005, and one of the largest fixed-income and money market investment managers in Africa with approximately $100 billion…
Adapt or die
Smart order routing is not a new phenomenon for buy- and sell-side organisations, but the tools that let firms route trades according to their own specific criteria have evolved significantly over the last two years. Gone are the days when these…