Asset Management Systems Insights


BNY Mellon on multiyear cleanse of internal data

10th October 2019

Company: bobsguide
It will take a couple of years for BNY Mellon to cleanse its data so it can be used across the company, according to the bank's global head of digital partnerships, Lucien Foster. “We are creating a data lake for ourselves and that is really the foundation of what the digital group is looking at and hydrating that lake,”... read more

What asset owners need to know about GIPS 2020 compliance

7th October 2019

Company: Solovis
Marlena Fitts is Director, Product Marketing at Solovis Understanding GIPS 2020 Standards and what asset owners need to do from a compliance perspective has become crucial for those in the market. A recent StatPro article on bobsguide provides a high-level overview of the GIPS 2020 changes that would be required at the end of the... read more

People moves: RBS, Revolut, Capitolis

27th September 2019

Company: bobsguide
RBS appoints a new CEO Royal Bank of Scotland has announced the appointment of Alison Rose as new chief executive officer. Rose will succeed CEO Ross McEwan who will step down on November 1 to take up the role of chief executive at the National Australia Bank. She has served the bank for over 27 years. RBS Chairman Howard... read more

IM AANA calculation time "not enough"

19th September 2019

Company: bobsguide
Time consuming preparations are forcing firms to estimate the number of entities which come under the scope of uncleared margin rules by calculating aggregate average notional amounts (AANA) a year in advance, according to Vanaja Indra, market and regulatory reform director at Insight Investment. In Europe, AANA must be calculated... read more

Schroders’ Marsland: Governing fintech partnerships becoming an “enormous” challenge

18th September 2019

Company: bobsguide
The increasing need for firms to have resilient operating models is putting pressure on fintech partnerships, according to John Marsland, chief operating officer at Schroders Investment Management. “It has been made very clear by pretty much all of the regulators that we are the ones responsible for the service, regardless of whether... read more

Buyers’ brief: Fintech drives capital markets

17th September 2019

Company: bobsguide
In the wake of the financial crisis, regulators in the US and Europe have ramped up their oversight on capital markets institutions, driving up compliance costs. Firms are also seeing revenue stagnate as margins are squeezed ever tighter at a time when market volatility is low and outflows increase as investor interest in passive investments... read more

Time running out for alternative investment and Ucits funds to implement stress test systems

11th September 2019

Company: bobsguide
A lack of sufficient time to implement liquidity stress testing systems to comply with new European requirements is causing concern among managers of alternative investment funds (AIFs) and undertakings for the collective investment in transferable securities (Ucits) funds, according to a board director of an investment fund and the International... read more

People moves: Revolut, UBS and more

30th August 2019

Company: bobsguide
Meniga appoints new chief operating officer UK-based Meniga has appointed Arpit Kaushik as new chief operating officer. He has held senior roles in companies such as DXC Technology (digital general manager, banking and capital markets), Wipro (general manager and global client partner) and Oracle (sales director). ... read more

CAT scan: what’s the latest?

30th August 2019

The news in January that Thesys – the originally chosen consolidated audit trail (CAT) processor – had been fired, was seen by many in the Capital Markets industry as something of a mixed blessing. Here was a small, agile, disruptive technology firm ready to draw on emerging technologies and build an optimal solution without the... read more