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Fall 2008

EDITOR-IN-CHIEF'S LETTER

SURVEYS

FOREFRONT

DIARY OF A COMPANY WIFE (RET.)

PEOPLE

FEATURED CUSTODY MARKET

Can Nigeria escape its past?
In the last two years Nigeria's moribund economy has been kick started by surging global oil and gas prices but also by determined government efforts to institute meaningful reforms aimed at unlocking the vast potential of sub-Saharan Africa's most vibrant economy

CUSTODY

Struggling with corporate actions
Corporate actions automation has moved on apace in some regions, but may have regressed in others

SPECIAL REPORT: LATIN AMERICA

INDUSTRY TOPIC: MARKET DATA

Do we need a reference data utility?
Everybody in the securities industry could use cheaper and better quality reference data. One group has a business plan, and a patent pending, which it says can deliver exactly that by building a utility. Economic experience is against them, but regulators are not, so it may even happen
A question of risk
Central banks and regulators are widely agreed to understand the risks posed by poor quality data, but are reluctant to talk about it. Vendors, of course, welcome their hidden endorsement
The EDM Council steps up
Michael Atkin, managing director of the Enterprise Management Council, explains how his organization is working to put a technology of data on the minds of business leaders

FUND ADMINISTRATION

Going out in style
While the private equity industry has been relatively slow to endorse outsourcing, the credit crunch has, if anything, accelerated the process

MARKET INFRASTRUCTURE

Live by the Code
Signed 2 years ago to great fanfare, the Code of Conduct for Clearing and Settlement, which aimed to integrate, harmonize and drive competition in Europe's post-trade landscape, appears to have limited success. But the alternative may be worse

REGIONAL FOCUS: CENTRAL AND EASTERN EUROPE

PRIME BROKERAGE

JPMorgan eats a Bear
The acquisition of Bear Stearns by JPMorgan was announced on March 17 and closed on June 1. In the 75 days that elapsed between these two dates, the lives of a lot of people working for Bear Stearns changed a great deal. But in the prime brokerage group, JPMorgan has adopted the Lampedusa strategy. Things are changing, but only in order to keep them exactly as they are

DANGEROUS REMEDIES

SUI GENERIS

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