Business Continuity & Outsourcing
All Eyes on Outsourcing
After UBS announced last month that it would outsource most of its fixed-income trading platform to Murex and Ion Trading, Marina Daras looks at how financial services firms intend to manage their IT costs by reassessing their outsourcing options.
UTP Votes to Adopt Nasdaq SIP Recommendations
The UTP Operating Committee, the industry body that oversees the administration of the consolidated feed of quote and trade data on Nasdaq-listed stocks─known as Tape C or the Unlisted Trading Privileges (UTP) Plan─has approved recommendations put…
Citi Private Bank Replaces Proprietary Systems with Charles River IMS
Citi Private Bank has selected the Charles River Investment Management System (IMS) to replace its proprietary order and portfolio management engines. Citi will also be using OpenAI, built by Citi’s Investor Services, for trade processing and…
Private Cloud not Just for Tech-Less Funds Anymore
Where private cloud providers used to appeal only to start-up hedge funds, a third of Abacus's new clients are large funds with existing IT staff.
IRD's Senior Reporter on the FCA's Review of Outsourcing
Nicholas Hamilton discusses calls from the UK's Financial Conduct Authority for asset managers to develop better contingency plans in case one of their third-party service providers fails
Outsourced But Not Out of Mind
The UK's asset management industry has responded to regulators' concerns about managing risks associated with outsourcing, but continued change will be needed in the years to come
Big Data, Small Print
The emergence of new technologies is changing the operational models of bank IT.
Eze Castle Integration Updates Disaster Recovery Service
Exactly one year after Hurricane Sandy's crash into the US Atlantic coastline, the managed services provider to hedge funds says its disaster recovery (DR) offering has been upgraded.
SocGen Transfers Securities Operations to Accenture Post-Trade Processing Platform
Accenture has announced that Société Générale Corporate and Investment Banking (SG CIB) has begun the transfer of its securities processing back-office operations to the Accenture Post-Trade Processing system, a service launched by Accenture and…
IMD Chicago: Firms Outsource Infrastructure to Address Data Storage, Regulation
End-user firms are increasingly turning to outsourcing to deal with the storage challenges associated with big datasets caused by rising data volumes and the ongoing raft of new regulatory initiatives requiring more intensive data collection, according…
The Case for Business Process Outsourcing
As security improves and cost pressures mount, more and more firms are getting comfortable with business process outsourcing (BPO).
Multiples Of Utility
With confidence in outsourcing growing, Nicholas Hamilton asks whether multi-vendor utilities are the best way for third-party service providers to continue offering greater value to their clients
Tieto Takes on Länsförsäkringar Fund Systems
Tieto has announced that it has signed an agreement with Länsförsäkringar to manage the Swedish bank's fund-administration systems.
Janus Capital Group Taps Equipos Coric for Online Client Reporting Solution
Janus Capital Group has selected Equipos' Coric Client Communications suite, which will provide the Denver-based asset manager with a flexible and customized client reporting platform to respond to its growth in client numbers and regions served.
Equiniti Launches Pooled Back-Office Services Platform
Equiniti, a UK share registrar and outsourcing provider, is set to launch Equiniti Wealth Solution, a platform that pools custody and back-office services for wealth managers and brokers.
HedgeStart Signs IT Outsourcing Partnership with Commensus
HedgeStart Partners, the London-based alternative investment consulting firm, is to partner with Commensus PLC to provide IT outsourcing and cloud-based services to its clients.
Avaloq Launches Singapore BPO Center
The Avaloq Group has announced that it will open a business process outsourcing (BPO) center in Singapore, targeting Asian wealth managers based in the city state.
'Trust But Verify’ Key to Contracts Post-Bloomberg Spying Scandal
With renewed focus on security protocols for data and communications, conventions already in place for trading platforms are a good place to start.
SunGard Signs Data Warehouse SaaS Deal with Graz
SunGard has announced that it has signed service provision contracts with Graz Sweden AB, as the Nordic firm transforms its data warehouse product, Hinc, to a software-as-a-service (SaaS) offering.
Outsourcing: An Example from Marriage
Gone are the days when buy-side firms could choose an outsourcing service provider and then "leave them to it." Today, the process is much more like a marriage, with both parties in it for the long haul.
Sciens Outsources Managed Account Platform to SEI
Sciens Alternative Investments, a capital management firm with approximately $4.8 billion assets under management, is outsourcing its managed account platform to SEI.
Outsourcing: In Search of Secret Sauce
Sell-side institutions continue to find value in outsourcing services, especially within the back office, but there is much room for improvement. By Steve Dew-Jones
Head in the Clouds: Impax COO Darren Johnson
After cutting his teeth at a variety of high-stress jobs in the City of London, Darren Johnson finally struck a balance between hard work and tranquility. Now as COO of Impax Asset Management, he sees the future in the cloud. By Steve Dew-Jones with…