OPERATIONS AND TECHNOLOGY
BACK OFFICE FRATERNITY SET FOR LEAD ROLE
25 February, 2010
The financial crisis and the effects of major frauds in the wealth management industry have highlighted the role which the once humble custody bank will play in the future development of the industry. The notion of dusty, back office boffins, seldom let out into the asset management spotlight, is certainly changing from the 1990s, when John Serhant, formerly boss of State Street, described custody as a “necessary evil”, which nobody cared about. A major trend setter in this sphere is Citigroup, whose global head of securities and fund services, Neeraj Sahai, has strong plans for restructuring the asset management industr
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ESTABLISHING MORE EFFICIENT PLATFORMS
07 February, 2010
European banks looking to drive down costs are embracing greater levels of automation and standardisation in fund processing, writes Elisa Trovato, but the goal of a single access point remains some way off
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Keeping the engine running smoothly
09 December, 2009
The application of appropriate technological solutions in the period following a merger or acquisition can go a long way towards the overall success of the venture, reports Rekha Menon
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ASIAN APPETITE FOR UCITS KEEPS ON GROWING
14 September, 2009
Demand for cross-border funds is booming in Asia, reports Rekha Menon, but the market can be a difficult one for Western fund houses to establish themselves in
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Nick Mahy: EU status vital |
EFFICIENCY LURES BUSINESS TO MALTA’S SHORES
14 September, 2009
Malta has a growing financial services industry, and wealth managers are increasingly attracted by the cost advantages that relocating to the Mediterranean island brings. Yuri Bender reports
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Daniel Ericsson, Advent Software |
Systems spend spurred by rules and scandals
01 June, 2009
The financial crisis has resulted in the wealth management industry viewing compliance in a very different way, reports Rekha Menon
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Isabella Fonseca, Celent |
USING AUTOMATION AND INTEGRATION TO BEAT THE CRUNCH
01 April, 2009
The wealth management industry has been hit hard by the downturn but technology can be used to counter some of the effects, from using greater levels of automation to drive down costs to using online services to target the mass affluent sector, writes Rekha Menon
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GLOBAL OUTLOOK EXPANDS ROLE OF TRANSFER AGENTS
01 February, 2009
The Ucits directive has given European investment funds an increasingly global reach, which in turn has increased the responsibilities of transfer agents. But adapting in order to provide these new services brings a number of challenges, writes Rekha Menon
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SETTING STANDARD FOR PROCESSING FUND TRADES
01 December, 2008
The European fund industry remains highly fragmented and complex but several initiatives are underway that should manage to improve cross-border processing, writes Rekha Menon
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Didier Pitton |
Putting clients at the heart of the system
01 November, 2008
Client relationship management systems were once seen as too expensive for private banks. But the idea that advisors can also become salespeople has led to growing interest in the way CRM technology can manage and attract clients for financial institutions, writes Rekha Menon
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Steve Potter, NTGI |
PROVIDING SOLUTIONS TO GENERATION X
01 July, 2008
Returning to the US as the new president of NTGI after a successful few years in London, Steve Potter believes there is enormous potential for the firm’s wealth management business. Nat Mankelow reports
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UK offshore islands enter BNPPSS’ matrix
01 July, 2008
BNP Paribas Securities Services has been expanding geographically as the business moves to servicing the global buy-side. Peter Guest reports
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