Archive for the ‘Regulatory Compliance’ Category

VitalVest has unveiled Hedge Fund Middle Office, a suite of operational solutions for hedge funds operating in North America, Latin America, Europe and Asia-Pacific. Hedge Fund Middle Office includes a range of scalable, modular post-trade and pre-settlement services. The services are global and include technology solutions that help manage daily trade processing and profit-and-loss reporting, over-the-counter [...]

U.S. securities regulators have taken the unprecedented step of asking high-frequency trading firms to hand over the details of their trading strategies, and in some cases, their secret computer codes.   The requests for proprietary code and algorithm parameters by the Financial Industry Regulatory Authority (FINRA), a Wall Street brokerage regulator, are part of investigations [...]

The financial services industry has changed drastically and evolved greatly owing to the economic crisis, regulatory issues, competitive pressures and increasing customer needs. Today, IT plays a significant role as a major operative and competitive requirement for financial institutions. Thus changing the future trends and technology investment in Mobile Trading applications and High frequency trading [...]

Secondary liquidity is critical to driving a fast moving enterprise’s growth. There are many Secondary Private Markets or Marketplace for Alternative Investments that provide liquidity if needed by offering secondary placement, to name a few are GATE Technologies, SecondMarket, SharesPost, Xpert Financial, MissionMarkets, NYPPEX etc. These so called Secondary Private Markets or Second Markets suffer from lack of a centralized marketplace [...]

Chief information officer (CIO), or information technology (IT) director, is a job title commonly given to the most senior executive in an enterprise responsible for the information technology and computer systems that support enterprise goals. In Financial Services and Investment Banking, an industry focused on data and financial analysis, technology is as much a part [...]

The proposals are named after their creator, former Federal Reserve Chairman Paul Volcker. As part of the Dodd-Frank Act, Congress adopted a ban on proprietary trading and restricted investment in hedge funds and private equity by commercial banks and their affiliates, the so-called “Volcker Rule.” The newly created Financial Stability Oversight Council (FSOC) and the [...]

July 21 deadline for  Dodd–Frank Wall Street Reform and Consumer Protection Act is approaching.  With the Dodd-Frank deadline nearing, it is important that you evaluate whether the systems, processes and people you have in place can support the many requirements of the rule, including greater transparency and disclosure mandated by the reform. And the Impact of Dodd-Frank [...]