XcitekConsultingServices has hired Michael O’Neill as vice president, responsible for the recruitment and placement of securities operations professionals within financial institutions on a consulting basis. Prior to XCS O’Neill spent 15 years at the Depository Trust & Clearing Corp. (DTCC) where he was involved in areas such as settlement, income collection, underwriting, reorganization/redemption, reconciliation and institutional delivery.
Fundamental Review of the Trading Book (FRTB) regulation requires firms within its scope to source significant amounts of data, some of which has not previously been required and is difficult to pin down. The data management challenges of the regulation’s Internal Model Approach (IMA) to market risk capital calculations include ongoing P&L attribution, back testing...
Investment managers must take a fresh approach to data management, stressing trusted partnerships with outside expertise over traditional outsourcing models, as they seek to adapt to a rapidly changing economic landscape, a report has urged. The binary build-versus-buy strategy that has been the basis of innovation adoption for decades has been upended by advances in...
Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.
Despite the setback of the FTX collapse, institutional interest in digital assets has grown markedly in the past 12 months, with firms of all sizes now acknowledging participation in some form. While as recently as a year ago, institutional trading firms were taking a cautious stance toward their use, the acceptance of tokenisation, stablecoins, and...
