THOUGHT LEADERSHIP

Bearing the fruits of our laboratory

SmartStream launched a new innovation lab in Vienna last summer populated with some of the industry’s finest talent. Just a year later, it is ready to roll out a transformative new artificial intelligence solution for reconciliation.

Doubling up

India’s ambitious plans to double the size of its economy to $5 trillion will mean local custodians will have an increasingly important role to facilitate increased activity from foreign portfolio investments (FPIs) and domestic investment vehicles such as mutual funds, insurance and AIFs. Vineet Potnis, head of custody services for Stock Holding, explains what India’s largest custodian is doing in preparation for this.

UMR extension presents change to strategise AANA exposures

The potential ‘big bang’ for buy-side firms being swept into the upcoming initial margin rules for non-cleared derivatives was given a vital delay this summer, with the deadline extended until September 2021.

Innovation in IBOR – Ops2Tech

The investment book of record (IBOR) is a crucial component for a hedge fund manager, but is currently facing a number of challenges as managers search for alpha. Shankar Iyer, chief solutions officer at Viteos (an Intertrust company) , explains how innovation is helping hedge funds alleviate some of these pressures.

A solution in a time of need

Regulatory data has emerged as a perfect complement to the SmartStream Reference Data Utility’s (RDU) product offering, and with the introduction of SFTR on the horizon, the utility model is needed by the industry now more than ever, according to Linda Coffman, global product manager, RDU.

Evolving hedge fund landscape leads to deeper PB relationships

How competitive is the prime brokerage market? The question cannot be answered without looking across the full set of services that prime brokers provide as well as the full range of clients they are provided to, says Wendy Beer, managing director and head of business consulting, Wells Fargo Prime Services.

Reinforcing house rules

Changes in market conditions and regulations in recent years have led buy-side firms to consider outsourced trading as an alternative to maintaining an in-house desk. Bobby Croswell, managing director and head of outsourced trading business development at Cowen, explains why.

Wholesale reform

Fiona Gallagher, global head of securities services, GTB, Deutsche Bank, tells Global Custodian what the securities services industry can learn from online retail businesses and how broader IT innovation can be harnessed to reinforce client efficiency.

Winds of change in Asia Pacific: the next stage in outsourcing

Outsourcing and third-party clearing is fast emerging as an attractive solution in the Asia-Pacific region, not just for buy-side firms but also brokers and regional banks, as they look to alleviate capital and operational pressures.

Balance needed in optimising the client experience

Institutional clients are adopting a much more rigorous process in the selection of their service providers as the future of the financial services industry continues to be defined by the digital agenda underpinned by technology and connectivity say Louise Currie, general manager, and Anke Frankland, senior manager, network and relationship management for Nedbank Investor Services.

Automating SSIs – custodians to the fore

DTCC’s ALERT service aims to automate the exchange of standing settlement instructions (SSIs). With over 1800 institutions using the service, Moira Kiernan, director, product management, for DTCC’s Institutional Trade Processing explains the benefits of SSI automation and the optimal custodian managed workflow.

Building the depositary bank of tomorrow through collaboration

In 2017, BNP Paribas Securities Services partnered with Fortia Financial Solutions to rollout its INNOVA software and automate their core depositary banking processes, signalling how banks can benefit from collaboration with FinTechs.

Global Investors Survey in China Interbank Bond Market

The global investor online survey seeks feedback regarding on-shore and cross-border collateral management services, as well as general access services to the China Interbank Bond Market (CIBM).

Towards a no-touch post-trade workflow

DTCC ALERT is a web-based global database for the maintenance and communication of account and standing settlement instructions (SSIs). Bill Meenaghan, an executive director for DTCC Product Management discusses developments in ALERT over the past year as well as in other DTCC services.