The industry push to shorten the U.S. securities settlement cycle from trade date plus two days (T+2) to trade date plus one day (T+1) will end batch processing, drive operational costs down, but may cause an uptick in operational risk, says Brian Collings, CEO of Torstone Technology, in this installment of the FTF Exchange podcast series The T+1 move will be “quite significant” for most securities trading organizations, Collings says. “I think, in a phrase, that batch processing is dead. So I t...
Feb 02, 2022•19 min
CompatibL Technologies, a cutting-edge trading and risk management solutions vendor, has established a direct line between product development and its research and development efforts, says Alexander Sokol, founder, executive chairman, and head of quant research at CompatibL. CompatibL, which won the FTF Award last year for Best Cloud-Native Computing Initiative, bases everything it does, including product development. upon engineering and quant expertise, says Sokol, who is featured in this edi...
Jan 19, 2022•18 min
While Adenza was actually fully prepared to work in a virtual world, the importance of human contact cannot be denied, says Richard Bentley, chief product and engineering officer for Adenza, who is the focus of this FTF Exchange podcast. Adenza was created from the merger of Calypso Technology and AxiomSL in July 2021. “So, I’ve mentioned technical readiness for the pandemic and the remote working situation,” Bentley says. “As a global, distributed software company we were well used to working i...
Nov 23, 2021•25 min
Are financial services firms more willing now to de-silo their operations than ever before? That question was posed to Roland Brandli, strategic product manager for SmartStream Air & TLM Aurora, during a podcast that is part of the FTF Exchange series. The TLM Aurora Trade Process Control (TPC) offering won the FTF Award for Best New Post-Trade Solution. “Definitely, de-silo is the only way to go,” Brandli says. “Apart from regulators gradually pushing into that direction, I think the bigges...
Nov 17, 2021•21 min
Institutional investment management firms are under pressure to provide hefty amounts of ESG-related information about their funds and portfolios to clients who have environmental, social, and governance concerns. Clearwater Analytics wants to do something about that issue and other related industry challenges. While the concept of ESG-compliant funds is easy to grasp, many investment managers are struggling to gather that ESG data in part because there is a lack of useful metrics, says Steve Do...
Nov 09, 2021•24 min
Corporate actions processing has become a heavy burden for securities firms facing surges in trading volumes while securities operations overall become more complex each day. To ease some of that burden and remain competitive, firms are seriously considering fully automating corporate actions processing. So say Neil Sheppard, global head of business development asset servicing at SmartStream Technologies, and Adam Cottingham, head of asset servicing for SmartStream, in this edition of the FTF Ex...
Oct 29, 2021•16 min
For Tobias Becker, head of risk capital optimization at Quantile Technologies, Lehman Day remains as a significant reminder of why the battle against systemic risk is ongoing. “September 15, 2008 is when Lehman Brothers … filed for bankruptcy and really almost created a snowball effect,” Becker explains in this latest edition of the FTF Exchange podcast series. That day and the Great Recession that followed mark the start of the global “drive to tackle systemic risk,” says Becker. As many may re...
Oct 25, 2021•20 min
Financial services firms are in a conundrum because they face the dual pressures of compliance with a growing list of major regulatory reforms at the same that they have to meet budgetary constraints and cut costs. One way to break through that conundrum is for firms to investigate ways to cost-effectively integrate previously autonomous trading, risk, and collateral management operations, says Sophie Foy, the global head of product marketing at Adenza, the company formed via the merger of Calyp...
Oct 19, 2021•20 min
For Tanya Seajay, a former journalist and now CEO and founder of Orenda Software Solutions, a SIX company, the push to have environmental, social, and corporate governance (ESG) concerns guide investing is not a hippie thing but a survival thing. It’s also more than the honorable act of recycling Toward that end, Orenda, founded in 2015, applies advanced technology to social media and gathers data that will help financial services firms with their ESG investment decisions. SIX acquired a majorit...
Oct 06, 2021•18 min
Complex corporate actions events with important voluntary aspects and ever-tighter deadlines are getting, well, more complex, says Dominique Tanner, head of content management for SIX Financial Information, who took part in another edition of the FTF Exchange podcast series. A key reason is that public companies want to make themselves more attractive to investors, Tanner adds. So, it’s probably time for securities-trading firms to seriously consider taking on the task of automating complex corp...
May 21, 2021•18 min
Is cloud computing turning securities firms into data hoarders? The issue came up during the latest in our FTF Exchange podcast series with two representatives from Alveo Technology, formerly known as Asset Control. FTF News got time with Nathan Wolaver, the managing director for the Americas at Alveo, and Boyke Baboelal, strategic solutions director for Americas at Alveo. When asked about the cause of the huge data volumes that firms are struggling with, Wolaver cites the widespread embrace of ...
May 12, 2021•23 min
At a high level, Neil Murphy, business manager at TriOptima, says in the latest FTF Exchange podcast that the key challenges for compliance with the Uncleared Margin Rules (UMR) deadlines can be summarized as all relating to the high volumes of required tasks and the number of firms coming into scope for these regulations. In addition to the many tasks involved, UMR requires many parts of the firm to get involved: trading, risk, technology, legal, and operations, Murphy says. In general, UMR com...
Apr 21, 2021•23 min
In this episode of the FTF Exchange podcast, Sara Poldaas from Mawer Investment Management talks about pandemic-induced lockdowns and ongoing remote staffing and how it is changing financial services in multiple, unexpected ways. For securities operations teams and their managers, the pandemic has had personal impacts that are catalysts for change.
Apr 12, 2021•16 min
This this episode of the FTF Exchange podcast we speak with Henry Napier, a vice president with ICBC Financial Services, on the new challenges impacting corporate actions processing.
Apr 12, 2021•17 min
There are telltale signs when firms have outgrown their systems, says Patrick Murray, the founder of STP Investment Services in this episode of the FTF Exchange Podcast.
Apr 12, 2021•21 min
In an FTF Exchange podcast, Lisa Iagatta, chair of ISITC, talks about the challenges of going virtual and the future of the organization.
Apr 12, 2021•19 min
