Profile of Allan GrodyPresident of Financial Intergroup Holdings Ltd
Member Since: 5/8/2014
Blog Posts: 10
Allan is President and founder of financial industry joint venture development company Financial InterGroup Holdings Ltd; and strategy & acquisition consultancy Financial InterGroup Advisors. The companies are engaged in the capital, contract, currency, cash and investment markets with retail and institutional financial firms; and with financial firms and their client, vendors, suppliers and infrastructure institutions.
He has been consulting domestically and internationally to financial institutions on global strategies, capital and contract market restructuring, industry-wide financial business reorientation, information systems, evolving communications infrastructures, and risk management systems. His activities have included: countrywide restructuring of capital market regulations in the EC; strategic planning for the banking sector in the Persian Gulf; restructuring of capital and contract market trading in multiple market centers; visionary studies of the future of banking and finance for multiple financial industry trade associations, and expert witness testimony in landmark patent cases related to the electronic trading of financial instruments and collective fund shareholder fee issues.
He began in business with General Electric after being trained as a mathematician and worked in the investment, securities and international banking business with Neuberger Berman, Dean Witter Reynolds (now Morgan Stanley) and ABN-AMRO (now Royal Bank of Scotland).
He founded Coopers & Lybrand's first financial industry specialized advisory practice and was Partner-in-charge of their Financial Services Consulting Practice. Professor Grody founded and taught the only graduate level Risk Management Systems course at NYU's Stern Graduate Business School focused on financial industry systemic and enterprise risk.
He is a frequent speaker, author and publisher of research on risk management, data management, trading automation, and retirement investing.
Articles by Allan Grody
The organizational mechanisms are in place. Now it's time for the financial industry professionals to provide guidance on a global coding scheme that is fit for all the purposes intended.
The Report discusses legal, technological, and regulatory issues to be resolved in order to obtain a complete view of swap transactions around the world.
The legal entity identifier (LEI) project has been off to a rough start. The newly installed board of the Global Legal Entity Identifier Foundation (GLEIF) intends to bring structure and guidance.
The C suites are responsible for tearing down silo thinking and reengineering the financial system. So far, they've left much to be desired.
Here's everything you need to know about LEIs, what they are, how they work, and what's around the corner.
Having gone so far with processing efficiency as the lead in the mantra of the STP vision, the industry is now seeking global standardization solutions to STP under the new mantra of mitigating global systemic risk.
As momentum builds for standardizing on a single set of reference data, Allan Grody of Financial Intergroup Holdings offers a primer on the new infrastructure being driven through the Financial Stability Board.
An industry/government regulated facility to collectively maintain and access reference data is the best way to lower costs, eliminate redundancies and control counterparty risk, writes Allan Grody of Financial Intergroup Holdings.
Five years after the financial crisis, the Global Legal Entity Identification System initiative, has renewed interest in solving the reference data issue, long preventing efficiency in the financial supply chain.
In an attempt to fix the plumbing of the global financial markets under Dodd Frank with a unique identification code for swaps and counterparties, technology has been an afterthought, writes Allan Grody, President of Financial InterGroup Holdings LLC.