Services Insights

With the long-delayed implementation of the European Union’s Securities Financing Transaction Regulation (SFTR) finally looming on the horizon, those in the securities and repo markets must prepare now. Firms have had plenty of time to prepare for SFTR: the European Commission published its proposal to regulate the reporting and... read more

High net worth individuals (HNWI) that utilize the services of a private bank have traditionally been given high-end experiences associated with luxury brands, namely their own dedicated investment advisor, personalized products and services and a reliance on appointment-based face-to-face meetings during conventional office hours. This high... read more

Eyes around the world are watching to see the outcome of the UK’s exit from the EU. With the March 29, 2019 Leave date looming, LPs in the UK and Europe face an increasingly volatile market. Britain and the EU have yet to come to an agreement on Brexit terms, which casts a shadow on the alternative investment landscape in both regions, and... read more

Inadequate onboarding procedures have led to incomplete know your customer (KYC) compliance, and resulted in ongoing remediation projects to deal with the back log of accounts, according to Phil Masterson, senior vice president and managing director of SEI’s Investment Manager Services division. “We are aware of several remediation... read more

The ATM industry is experiencing a “general delay” in its attempts to upgrade from Windows 7 to Windows 10, despite the deadline being only a year away. “Unfortunately, the ATM industry [is moving] to Windows 10 with a large delay, as hardware vendors only made the Windows 10 XFS drivers available in 2017,” says Carmine... read more

This third article in the IM series, generated from a recent Calypso Webinar on BCBS-Iosco regulatory initial margin (IM) requirements, recommends learning from those firms who have been through the IM compliance process already, drawing upon their experience through industry organisations such as ISDA and solution providers like Calypso, to... read more

In recent years, just like businesses in almost any other industry, insurance companies have been focusing on improving the customer journey. They are increasingly adopting automated systems which help to streamline their service, offering policyholders an efficient, easily navigated and hassle-free journey from point of quote to purchase, to claim... read more

Rolling out new middle- and back-office technology should be a continuous process, but for some firms it’s more of a decennial event. The pace of change that has been set by regulators in recent years requires firms to fundamentally reassess their timescales and models for deployment. Going forward, fixed and... read more

This is the second in our series of articles generated from a recent Calypso webinar on BCBS-IOSCO regulatory initial margin (IM) requirements. Given that one of the first decisions to be made is how to calculate IM and exchange it with counterparties, we look at how you can benefit by using a standard methodology in the shape of Isda’s... read more