Asset Management Systems Insights

Despite significant rules designed to unbundle research costs within the asset management industry - which came into force under the second Markets in Financial Instruments Directive (Mifid II) - many of the behaviours undertaken before the directive have continued, says Chris Turnbull, co-founder of Electronic Research Interchange (ERIC). For... read more

We asked market participants to vote for their top fintech software providers for the year, and they obliged: the bobsguide 2018 Software Rankings voting system was inundated with votes from firms employing financial software solutions and now, we’re very pleased to announce those organisations that have really impressed their customers... read more

Becoming smarter with the management of data is key to driving efficiency, accuracy, and innovation in most industries, via rules-based automation. However too often data complexity, caused by integration issues, incompatibility and poor visibility, makes it difficult for Capital Markets organisations to move forward.... read more

Since 2007, Broadridge has announced the acquisition of 29 companies, three of which have been in 2018. At Sibos 2018 in Sydney, the company announced another newly acquired solution, a next generation, SaaS global asset servicing tool. The new solution looks to leverage cloud technology to address end to end asset servicing... read more

“The regulatory burden on a financial institution operating in multiple regimes - plus Brexit - is incredibly large,” said Harry Chopra, chief client officer of AxiomSL on the sidelines of Sibos 2018 in Sydney, Australia. “You get regulatory fatigue at some point,” said Chopra.  Educating the industry is therefore... read more

The world's central banks should consider a decentralised approach to economic management, said Ethereum blockchain co-founder and current CEO of ConsenSys, Joseph Lubin, at Sibos 2018 in Sydney.  “I see physical cash as fundamentally analogue in that it represents a central bank’s issuance which is... read more

While Theresa May told the UK's House of Commons on Monday that a Brexit deal was “still achievable” with five months remaining until the UK leaves the EU, 59% of investment firms are working towards a no deal Brexit, rather than wait for any potential political resolution. For financial services the priority concern is... read more

In the back offices of banks and asset managers around the world there are multiple functional entities and processes, which in time, have grown separately and developed their own bottlenecks. The 21st century has introduced topics such as customer experience and regulatory burden, which the existing back office setups do not necessarily support.... read more

This week the board of directors at Broadridge announced that Tim Gokey, current president and chief operating officer, will become the company's new chief executive, and Rich Daly, current chief executive, will take on the role of executive chairman of the board. Les Brun, independent chairman of the board becomes lead independent director.... read more