Managing Reference Data Risk -- A Best Practice Approach [ Source: Patni Computers ]
October 2010- In recent years, the twin pressures of achieving regulatory compliance and straight-through processing (STP) have highlighted substantial redundancy and duplication of effort in the area of reference data management. Many buy-side and sell-side firms are uncomfortably aware of both the time and cost they devote to purchasing, cleansing, and distributing reference data, as well as the risks that arise when these tasks are not performed effectively, among them failed trades and lost revenue opportunities. Firms ...

The New Data Imperative: Managing Real-Time Risk in Capital Markets Executive Brief [ Source: Sybase ]
June 2009- Your risk exposure changes every millisecond. That's why it's critical to get up to speed on real-time, enterprise-wide risk management. Effective capital and financial risk management now requires that information flows no longer be handled independently in business unit silos; they must be unified for use in front, middle and back offices to aid compliance with internal controls and regulatory demands.

Read this executive brief to learn:
• Why today's risk management practices ...

Managing Reference Data Risk -- A Best Practice Approach [ Source: Patni Computers ]
October 2010- In recent years, the twin pressures of achieving regulatory compliance and straight-through processing (STP) have highlighted substantial redundancy and duplication of effort in the area of reference data management. Many buy-side and sell-side firms are uncomfortably aware of both the time and cost they devote to purchasing, cleansing, and distributing reference data, as well as the risks that arise when these tasks are not performed effectively, among them failed trades and lost revenue opportunities. Firms ...

SunGard Valdi [ Source: SunGard Financial Systems ]
April 2010- SunGard recently commissioned a study on the evolving role of the buy-side trader in today’s dynamic economic environment, identifying challenges faced by traders today as well as those that must be anticipated tomorrow. Based on their findings, SunGard concluded that choosing the right strategic technology partner while embracing new solutions is essential to tackling these challenges. SunGard’s Valdi helps firms trade multiple asset classes and source new liquidity for growth while managing costs. ...

Reform vs. Innovation: Opening the Right Doors [ Source: SunGard Consulting Services ]
April 2010- Jeffrey Wallis, managing partner, SunGard Consulting Services, discusses how the “too big to fail” principle, driven by the interconnectedness of financial firms, could lead to an economy where a company could be “too small to succeed”.

Toward Best Settlement: Improving Post-Trade Efficiency [ Source: Advent Software ]
December 2009- While much has been made of the fragmentation of liquidity and trade execution venues, little has been said about the fragmentation of the post-trade environment -— a large and overlooked opportunity for efficiency improvement. With trading technology evolving to address execution challenges, it is time to look at the entire trade lifecycle with the goal of increasing efficiency and reducing operational risk in trade settlement. This document discusses the issue, identifies opportunities for improvement and ...

Knowledge Transfer: The Exhausting Challenges of Managing Counterparty Risk [ Source: Omgeo ]
April 2009- As financial institutions search for answers to our current crisis, it is natural to be introspective about our business model, our core values, and the future of our industry. It was a shock to everyone in this business how quickly operational risk and market risk could lead to systemic risk. If there is a silver lining to this recession, it may come in the form of a commitment to address long-standing gaps in our infrastructure ...