Archive for the ‘Capital Markets’ Category

By Ben Mattlin In March 2008, New York-based International Derivatives Clearing Group was designing a clearing system for trades of over-the-counter interest-rate swaps and other fixed-income derivatives. An independent subsidiary of NASDAQ OMX Group, the world's largest securities exchange company in total market value of its listed securities, IDCG had to bring efficiency and transparency to ... Full story

By Sherree DeCovny Founded in 2000, Formuesforvaltning is the largest, privately owned independent wealth management firm in Norway. Its clients include 4,500 private and institutional investors, and it has more than $3.6 billion in assets under management. Always striving for innovation and the best quality, the firm pushed IT to its boundaries to establish a truly ... Full story

  Mark Abbott discussed how Raymond James is focusing on providing better customer facing services for its financial advisors and at the same time providing operational efficiencies and costs savings. Microsoft is a key partner in this strategic effort through their implementation of CRM/SharePoint/BI. Participants in the Wealth Management CEO Breakfast Roundtable: Natalia Tchetchoulina, Vice President, Barclays Bank Dennis Layden, Pershing Joe Giglia, Market Executive, Wells Fargo / Wachovia Frank Minerva, ... Full story

In this period of financial disarray and retrenchment, capital markets firms are focusing on three key areas: cutting costs, better risk management and concentrating on their client businesses to generate fees, says Ian Warford, Microsoft’s director of securities and capital markets in EMEA. And it is in that crucial client service area that ... Full story

When employee-owned institutional fixed income asset manager Stone Harbor Investment Partners was spun off from Legg Mason in March 2006 it had just four months to build its own IT infrastructure. "We had to get ourselves up on a shoestring and make the transition from Legg Mason to our own facilities, our own platform, and make that as transparent to the ... Full story

At the close of a rollercoaster year, financial services firms can be forgiven for feeling a little dizzy. But the firms that emerge triumphant from the challenges of 2008 will be those that take decisive steps forward rather than taking a wait-and-see approach. And financial services firms ... Full story

Lawyers don't come cheap. So it is easy to understand why Credit Suisse in London has been seeking to enhance the efficiency of its in-house legal team. To this end, Credit Suisse has implemented Business Integrity Software's DealBuilder system to help improve the process of creating ISDA Master Agreements, which establish the framework for the legal relationship between the bank and its trading counterparties ... Full story

As investment decisions grow increasingly complex, insurance firms and other institutions seek faster and more comprehensive financial accounting and reporting around their holdings. Northern Trust is finding an answer for its clients in an outsourcing solution based on Windows software from Pendo Systems, Inc." In today's challenging environment, clients demand full data access and financial reporting that can be completely integrated with front-, middle-, and back-office operations," ... Full story

Raymond James Financial is a 17-year document management veteran. In addition to using systems from vendors such as Kofax and Singularity, it developed a proprietary content management solution and its own interface to the workflow engine. Faced with integration and scalability challenges, Raymond James recognized it was time for a change and decided to migrate to a solution stack from BlueThread, K2, and Microsoft ... Full story

Under current market conditions, financial ser-vices companies are feeling the pressure to do more with less. This is where the rubber meets the road for firms’ technology systems and processes alike: inefficiencies are magnified when efficiency moves from being a goal to being a necessity. One of the fundamental needs financial services firms face ... Full story