Category Archives: Operational Risk

Rethinking Reconciliation

Posted on November 7, 2012 by

Guest Contributor: Michael Alexander, EVP & COO Business Process Outsourcing, Broadridge Financial Solutions Financial institutions can enhance risk management and reduce costs through a reconciliation global center of excellence.  Timing is critical. The cost of falling further behind industry standards … Continue reading →

Posted in Back-Office, Dodd-Frank, Guest Blog, Operational Risk, Reconciliations, Regulation, Securities Operations | Tagged , , , , , , , | Leave a comment

A LEI not from Hawaii

Posted on October 24, 2012 by

Guest Contributors:  Nigel Jenkinson and Irina S. Leonova, Financial Stability Board The recently published FSB report entitled ‘A Global Legal Entity Identifier (LEI) for Financial Markets’ started with an introduction: “There is widespread agreement among the public authorities and financial … Continue reading →

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Can Cube or OLAP Technology Prove to be the New Disruptive Force in Risk Management Solutions?

Posted on October 3, 2012 by

Guest Contributor:  By David Priestly, CEO of OpenLink’s  CubeIntelligence Division Every so often, markets become dominated by so called “disruptive technology” solutions that offer a genuine order of magnitude improvement in functionality, speed, flexibility and cost. Cubes or OLAP (online … Continue reading →

Posted in Compliance, Guest Blog, Operational Risk, Uncategorized | Tagged , , | 1 Comment

‘Silo Effect’: An Investment Manager’s Nightmare

Posted on May 30, 2012 by

Guest Blogger: David Kubersky, Managing Director of SimCorp North America Silos, in the farming industry, refer to large structures designed to hold a specific grain. In technology, silos refer to the division between groups within a single enterprise and ‘silo … Continue reading →

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The Future of Post-Trade Derivatives Processing

Posted on May 16, 2012 by

Guest Contributor: Laurent Jacquemin, executive vice president, post-trade derivatives, SunGard’s capital markets business In the derivatives industry, significant, year-over-year transaction volume growth has become the norm. With high-frequency trading driving up the volumes of trades to hundreds of thousands or … Continue reading →

Posted in Back-Office, Clearing and Settlement, Derivatives, Guest Blog, Operational Risk | Tagged , , , | Leave a comment

The Operational Due Diligence Opportunity for Hedge Funds

Posted on May 2, 2012 by

Guest Contributor:  Jason Scharfman,, Esq., CFE, CRISC, Managing Partner, Corgentum Consulting In the past, many hedge fund managers may have cringed at the mere thought of an investor inquiring about conducting a distinct operational due diligence review. Such reticence represents a … Continue reading →

Posted in Guest Blog, Hedge Funds, Operational Risk, Regulation, Securities Operations | Tagged , , , | Leave a comment

Enterprise Risk Management: Three Questions Securities Firms Should Consider

Posted on December 5, 2011 by

Guest Contributor: Paul Murdock, Director of Consulting and Professional Services, Enterprise Risk Compliance, Wolters Kluwer Financial Services With increasing regulatory demands and requirements that constantly change, one thing is certain: the current focus on risk management in the financial services … Continue reading →

Posted in Data Management, Guest Blog, Operational Risk | Leave a comment

The SEC’s Bipolar Approach to Credit Rating Agencies

Posted on June 22, 2011 by

Guest Contributor: John Jay, Senior Analyst, Aite Group The Securities and Exchange Commission (SEC) is coming to the rescue of the investment community; it is considering leveling civil fraud charges against credit rating agencies (CRAs) — in particular Standard & Poor’s … Continue reading →

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Good Risk Management = Good Business Management

Posted on June 21, 2011 by

Guest Contributor: Todd Cooper, Vice President and General Manager of Enterprise Risk Compliance, Wolters Kluwer Financial Services The financial services industry is definitely at a crossroads when it comes to compliance and risk management. One road leads to growth, but … Continue reading →

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Attention Vendors: Clients Need New Ways to Manage Risk

Posted on June 21, 2011 by

Quantifi recently released survey results concerning how financial firms plan on implementing new solutions in order to manage and measure their counterparty risk. According to the survey results, 100 percent of respondents either have already or plan on implementing major … Continue reading →

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