A-Team Insight Blogs The latest content from across the platform
J.P. Morgan Appointed to Provide Fund Administration Services for Tristan Capital Partners
J.P. Morgan today announced it has been appointed by Tristan Capital Partners, the real estate investment management firm, to provide fund administration and reporting services. J.P. Morgan’s Worldwide Securities Services business will also provide property level data aggregation and reporting. Tristan Capital manages three real estate investment funds with total assets under management of &euro2.8…
UK FSA Highlights “Serious Weaknesses” Within Firms’ AML and Customer Data Management Practices
As part of its crackdown on the industry’s systems and controls around anti-money laundering (AML) data, especially for politically exposed persons (PEPs), which it stepped up last year, the UK Financial Services Authority (FSA) has released the findings of a survey of these practices across the industry that highlights “serious weaknesses” in “many” firms. The…
Virginie’s Blog – OFR Plans to Staff up by September, But are Other Plans Afoot?
The Commodity Futures Trading Commission (CFTC) may have appointed all the industry reps it needs to its data standards subcommittee (see my earlier blog on which here), but the Treasury’s Office of Financial Research (OFR) continues to lag in the appointment process – not least of which is the selection of a director. The agency’s…
Noel Donohoe Appointed DTCC’s New Group Chief Risk Officer
The Depository Trust & Clearing Corporation (DTCC) today announced that it has named Noel Donohoe to a newly created position as Executive Managing Director and Group Chief Risk Officer. A financial services industry leader in global risk management, Donohoe will join DTCC in August, with responsibility for formulating and implementing DTCC¹s overall risk management strategy…
SimCorp Releases System Readiness Assessment for Dodd-Frank
SimCorp, a leading provider of highly specialised software and expertise for the investment industry, has released a white paper discussing the technology considerations a buy-side firm should take into account on its road to Dodd-Frank compliance. The paper, entitled: “Impact of Dodd-Frank on OTC Derivatives: Supporting Central Trading and Clearing” details SimCorp’s recommendations for preparing…
Delaying The Inevitable
Bowing to market pressure, it seems that the SEC has given the financial trading community a little extra time to implement certain aspects of the so-called Market Access Rule covering pre-trade risk. Instead of a July 14 deadline, trading firms, brokerages and exchanges now have a November 30 date to work to for implementing aggregate…
J.P. Morgan Completes Industry’s First Two ‘Second Generation’ Outsourcing Transactions for Asset Managers
J.P. Morgan’s Worldwide Securities Services business (J.P. Morgan WSS) today announced it has successfully completed the industry’s first two migrations of assets from an existing middle and back office services provider to its own strategic platform, on behalf of fund managers Artemis Investment Management (Artemis) and J.P. Morgan Asset Management. The range of services WSS…
State Street to Provide Multi-Domicile Investment Manager Operations Outsourcing for the F&C Group
State Street Corporation, one of the world’s leading providers of financial services to institutional investors, announced today that it has been appointed by F&C Asset Management (F&C) to provide investment manager operations outsourcing for some £106 billion in assets. State Street will provide F&C, and its subsidiary Thames River Capital with services for their global…
BNP Paribas Improves Customer Service with Open Source Data Integration
BNP Paribas Real Estate UK, a leading provider of real estate services, has today announced that it has selected the Talend Integration Suite (TIS) to effectively manage its client data. The move is a significant part of the company’s development strategy and aims to improve customer service, by enabling the migration of confidential client data…
Allan Boardman, of London, Appointed Director of ISACA
Allan Boardman, CISA, CISM, CGEIT, CRISC, CA (SA), CISSP, information risk manager at JP Morgan (UK), was appointed director of ISACA—a global association serving 95,000 IT governance, assurance and security professionals in 160 countries—at its World Congress: INSIGHTS 2011 conference in Washington DC, USA, today. Founded in 1969, ISACA develops international standards for information systems…