Category Archives: Operational Risk

Manage Risk, Comply with Regulations and Increase Alpha with an IBOR

Guest Contributor:  David Kubersky, President and Managing Director, SimCorp North America Fragmented position-keeping across the trade lifecycle presents significant risks to buy-side firms. As the SimCorp Journal paper, “The Investment Book of Record: One Version of Truth from Front- to … Continue reading

Posted in Back-Office, Buy-Side, Compliance, Data Management, Derivatives, Dodd-Frank, Guest Blog, Operational Risk, Regulation, Securities Operations | Tagged , , , , , , | Leave a comment

Putting Your Social Media Policy into Practice – A Techie’s Guide

Guest Contributor: Terry Ray,Vice-President, Software Development, Temenos In January of 2013, the FFIEC released proposed guidance for financial institutions regarding social media. As the year draws to a close, if your institution has not already written, revised and gotten board … Continue reading

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Valuation Considerations for Illiquid OTC Derivatives

Guest Contributor: Matthew McFarland, Director, Business Development, CBOE Mandated clearing of certain interest rate swaps and credit default swaps was recently completed with the addition of Category 3 participants on September 9.  While the advent of mandatory clearing presents several challenges, … Continue reading

Posted in Buy-Side, Clearing and Settlement, Compliance, Derivatives, Guest Blog, Operational Risk, Regulation | Tagged , , , , , , , , , | Leave a comment

Turn Regulatory Demands into Business Drivers: Automate the Trade Execution Expense Management Process

Guest Contributor: Terence Faherty, head of product strategy at Bonaire Software Solutions Beyond investor calls for increased transparency, regulations are pushing for a more accurate trading fee calculations and invoice reconciliation process. A recent Bonaire poll revealed that many firms … Continue reading

Posted in Guest Blog, Operational Risk, Reconciliations, Regulation | Tagged , | 1 Comment

Six Necessary Steps for Anti-Bribery and AML Screening Improvement

Guest Contributor:Henry Balani, Managing Director at BankersAccuity’s Risk and Compliance Group In an era of enhanced scrutiny, larger fines and the ongoing internationalization of anti-money laundering (AML) and anti-bribery regulations, organizations are facing increased risk and numerous challenges in achieving … Continue reading

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Rethinking Reconciliation

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 , , , , , , , | 1 Comment

A LEI not from Hawaii

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

Posted in Dodd-Frank, Guest Blog, Operational Risk, Regulation | Tagged , , , , , , | 1 Comment

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

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

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

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 , , , | 1 Comment