Accounting
Covid-19 Piles Pressure on Fund Accounting
Fund administrators are dealing with unprecedented volumes of pricing information and exceptions.
On Cobol and Legacy Systems: Covid-19 Turmoil Calls For Change
Financial industry experts say the time to start future-proofing was yesterday.
Citco Migrates Accounting Platform Clients to AWS
The firm plans to complete the migration by the end of summer, as it learns from prior rebuilds.
FIS to Double Down on RegTech and Multi-Asset Coverage
The company's Investment Operations Suite for asset managers is adapting to regulation and changing investment strategies alongside clients.
Brown Brothers Harriman To 'Transform' Its Fund Accounting Service by 2021
The bank is in the throes of a hefty transformation project within its Investor Services division, which began with machine-learning efforts last year.
SS&C Advent Embraces AI for Product Development
The company is using machine learning and natural-language processing technology to enhance its Tamale and Geneva platforms.
Battle Bots: Charting AI’s Next Phase in the Back Office
Financial services firms are deeply entranced with artificial intelligence (AI), yet the revolution is under pressure as the industry continues to become more educated and selective about it. Recent research data from WatersTechnology and SmartStream…
Finra CAT Lays Out Security Plans
Finra CAT will lean heavily on AWS to help ensure that the database is secure.
Scotiabank Turns to Cloud GPUs for Risk Calculations
The Canadian bank has significantly improved the time it takes to run XVA calculations, and has big plans to further expand its XVA cloud GPU program.
Northern Trust Automates Regulatory Reporting With Confluence
Confluence provides asset manager clients with automation capabilities for financial and regulatory reporting amid growing pressure and shrinking industry-wide headcount.
Kooltra Launches Cloud-Based Back-Office Tool for FX Market
The first rollout of the offering is geared toward smaller and new brokers looking to outsource their back-office tech.
Banorte Digitizes Risk Operations
One of the largest financial institutions in Mexico is digitizing core risk and compliance functions to consolidate operations, reduce reconciliation costs and future-proof its IT infrastructure.
FWD Group Deploys Bloomberg Buy-Side Solutions
The firm is focused on building up its core infrastructure to be able to support its people and allow them to focus on revenue-generating tasks.
Curo Picks Temenos For Accounting Platform
Curo's migration of over 3,000 funds is expected to be complete by the end of 2020.
Identitii Preps APAC Expansion to Grow Payments Data Blockchain
The vendor will use the A$11 million raised from its recent IPO to further develop its platform and experiment with additional use cases for its technology.
SS&C Unveils Singularity for AI-Enhanced Back Office
New platform will use robotics and machine learning to streamline accounting and reconciliations workflows.
Coinfloor Awaits Green Light from Gibraltar
DLT providers are obliged to satisfy nine principles and pay an annual fee to comply with the regulatory framework.
UMB Integrates Temenos Multifonds for ETF Valuations
The integration looks to modernize and automate UMB's exchange-trade funds business.
IFRS 17, Prudential Regulation Spur Moody’s Analytics APAC Expansion
More firms see regulatory change as opportunity to enhance infrastructure, gain business advantage and remain compliant.
Northern Trust Pushes Forward with Private-Equity Blockchain
Two firms are already live on the platform, with another three soon to be up and running.
SS&C Flirts with Further Acquisitions after Fidessa
SS&C CEO Bill Stone said that the company is flush with cash after the failed Fidessa bid and will look to use it to continue its acquisition spree.
Schroders Turns to Commcise for Mifid II Research
Platform gives greater transparency for compliance with unbundling requirements under European rules.