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Jul 6, 2022

More Banks are Moving Asset and Liability Management Systems to Cloud

A recent SS&C Algorithmics survey (conducted by Alchemer) shows 45% of respondents are looking to migrate, or have already migrated, their Asset Liability Management (ALM) systems to the cloud. This is a major global shift from ALM being almost always in-house and shows that both banks and regulators are increasingly accepting cloud for ALM risk technology.

Jul 5, 2022

A Cloud Solution for FRTB Reduces Costs and Saves Time

Fundamental Review of the Trading Book, or FRTB, was introduced following the 2008 global financial crisis as a boundary between the trading book and the banking book. This shifts risk measurement from value at risk to a wider view of market liquidity risk, requiring banks to calculate more complex and risk-sensitive models than in the past.

Jun 28, 2022

Primary Drivers of Operational Risk for Asset Allocators

Operational risk has been an increasingly important topic in the alternative investment space, as systems built for fewer, less complex portfolios now need to accommodate portfolios that are increasing in size and complexity. Over the past few years, asset allocators have grown beyond managing money for a single organization or pool, and operational risk grows as processes grow. And while asset allocators have been the driving force behind fund managers upgrading their operational systems and processes, that attitude hasn’t necessarily translated to asset allocators themselves.

Jun 23, 2022

Uncleared Margin Rules Phase 6 is Coming: Are You Ready?

With Phase 6 of Uncleared Margin Rules set to go live September 1, 2022, managers with Average Aggregate Notional Amounts (AANA) in excess of 8 billion are preparing. AANA is calculated slightly differently depending on the jurisdiction. For US CFTC (Commodity Futures Trading Commission) and EMIR (European Market Infrastructure Regulation) regulators, AANA calculation uses the average month-end value from March, April and May 2022. US Prudential Regulators (USPR) use a daily AANA calculation for each business day from June, July and August 2021. If entities in different jurisdictions are subsidiaries of each other, then AANA must be calculated across entities.

May 24, 2022

Is Your Firm Too Reliant on Spreadsheets?

While automation has gained more and more speed in recent years, many asset management firms continue to rely on spreadsheets for at least some of their operations. This spreadsheet dependence is often born through workarounds that are created when the normal IT channels aren’t able to meet needed deadlines. Spreadsheets can be perfectly functional tools, but their integration into daily processes can quickly become a problem by moving data away from core systems and introducing manual steps. These manual steps slow down the process and reduce efficiency, in addition to introducing greater potential for errors.

May 13, 2022

Q1 Signals Driving the Outlook for 2022

In our latest installment of SS&C Dialogues, we sat down with industry experts to explore the 2022 outlook in banking, financial services and insurance, based on the event of Q1.

May 11, 2022

How Tokenization Could Accelerate the Personalization of Investing

Tokenization could have effects far more profound than lower transaction costs, improved price discovery, added liquidity and a broadening of the investor base for funds. In this blog, we explore how tokenization could also facilitate investment combinations tailored precisely to the needs, wants and values of the individual investor.

May 11, 2022

The Foundations of Good ESG Governance and Policy

Momentum behind ESG investing continues to grow. Firms who develop a solid approach to incorporating ESG policies at both the firm and the fund level will have a competitive advantage over their peers.

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