business transformation

  • 692

    Building a Content-Rich Fund Website that Performs: 5 essential components of an asset management website

    Digital has transformed how prospective investors discover and evaluate products and services. A well-designed website that articulates the brand and makes it easy to find product information is at the core—and it is no longer simply “a nice to have.” In the article below, Mash Patel and Jeff Hendren from Kurtosys, a Sapient Global Markets strategic partner, outline five key considerations for investment manager web sites. In January 2013, Cerulli looked at marketing and branding in fund management. Their research cited strong client service, a recognizable brand and an effectual website as the three most important factors potential investors use [...]
  • 598

    Portfolio Reconciliation: why an industry utility makes sense

    As over-the-counter (OTC) trade reporting is being implemented around the globe, concerns about the accuracy of the data being reported are growing among market participants and regulators alike. In fact, both the US Commodity Futures Trading Commission (CFTC) and European Securities and Markets Authority (ESMA) stipulated that institutions must establish processes to identify and monitor disputes for bilateral trades, creating an urgent need for firms to be able to identify and resolve any data discrepancies. In addition, trade repositories (TRs) are expected to perform inter-TR and intra-TR reconciliation and potentially extend this service to participants. In this article, Dheeraj Joshi [...]
  • 261

    THE NEXT PHASE OF OUTSOURCING: “change the bank” with digital transformation

    Financial services firms have always faced market volatility, but new challenges are forcing most to rethink their traditional operating models in favor of outsourcing. In this article, Sean O’Donnell reviews the drivers of change for financial institutions and how the expanded use of outsourcing models will help improve revenue and create new business opportunities. Over the past five years, global capital markets have experienced unprecedented change. Today, increased regulations, more reliance on technology, reduction in revenue and a greater need to aggressively target new business while still reducing costs have forced all participants to reassess their strategies, operating models and [...]
  • 242

    MULTIPLE PRIME UTILITY: the key to transforming the fund manager/prime broker relationship

    In response to the financial crisis, financial markets across the world are transforming themselves. One of the most significant changes happening today is in the Prime Broker/Fund Manager relationship—a world in which Prime Brokers (PBs) provide a variety of services to Fund Managers. The Fund Manager’s alpha generation bottom-line and the Prime Broker’s services-based business model were both impacted by the turmoil in the financial markets, prompting a restructuring of the industry and a transformation of the industry’s operating model. In this article, Sudhanshu Bahadur, Vishal Bakshi and Valcony Sun explore the changing business model of Fund Managers and Prime [...]
  • 229

    SINGLE DEALER PLATFORMS: are their days numbered?

    While single dealer platforms (SDPs) have improved the experience presented to an institution’s trading clients, they are not entirely fulfilling the core requirements in terms of openness or degrees of speciality. The needs of the institution and its clients are still too much at odds and this discord will drive the next revolution in client trading and information services. Sean O’Donnell and Matt Hopgood discuss the next generation of these platforms and the implications to business and technology strategies. Over the last five years, the proliferation of single dealer platforms (SDPs) has increased dramatically—from initial pioneering efforts by leading tier [...]
  • 335

    MIFID II: harmonization mandates new business models in the OTC space

    Regulatory initiatives, such as the Dodd-Frank Act and EMIR, have had a seismic impact on derivatives markets. The Financial Stability Board’s seventh progress report on the implementation of OTC derivatives market reforms has highlighted crossborder consistency issues arising from different jurisdictions. The combined effect of these regulations through the mandated electronic trading and central clearing of standardized derivatives contracts has been the “balkanization of the capital markets,” causing pockets of liquidity and varying prices for the same contracts across jurisdictions. With the implementation of MiFID II/MiFIR on the horizon in Europe, the industry is anticipating a more level playing field [...]
  • 319

    CROSS-ASSET UNIVERSAL PRODUCT IDENTIFIER: is this the solution the industry is looking for?

    Covering the entire spectrum of asset classes and financial services, from loans and credit cards to derivatives and bond positions, a Universal Product Identifier (UPI) will enable a holistic approach to identifying all trades and positions, including capital calculations, reporting, clearing mandates and booking rules. While such an idea sounds great in theory, historical attempts at achieving global agreement have fallen short, even within a subsector of the industry. Peter Meechan, Jim Bennett and Pauline Tykochinsky examine the feasibility of universal product codes, ponder whether the industry is ready to come together to create them, and discuss what a potential [...]
  • 727

    MARKIT METRICS: Q3 2013 trend analysis

    Since 2005, Sapient Global Markets and Markit have worked together to provide the G15 banks with global derivative transaction metrics for the over-the-counter (OTC) Derivatives Regulators’ Forum chaired by the Federal Reserve Bank of New York. The dealer group community utilizes this data to increase operational efficiency, along with verifying the ranking within the group and evaluating trading activity. The key metrics encompass OTC derivatives transaction volume and electronic processing of trade confirmations and measures the time delay in issuing trade confirmations. The industryís desire for self-regulation stated by the introduction of commitments to the OTC Derivatives Regulators Forum (ODRF) [...]
  • 717

    EVIDENCE-BASED MANAGEMENT: a practical management approach for the energy industry

    The rapid growth over the last five years of natural gas, gas liquids and crude oil activity in shale basins has single-handedly changed the global nature of energy production. The impact on companies in the upstream, midstream and downstream sectors is seen in increased competition for supply and markets as well as human and financial capital. Complicating ongoing business management is the large amount of data from sprawling assets that needs to be analyzed and acted upon in a narrow real-time window through a compelling format. In this article, Eric Scheller discusses the challenges and options facing business directors as [...]
  • 708

    INTEGRATING VOYAGE PARTNERS: straight-through processing in tanker and bulk commodity shipping

    While marine transport enables the lion’s share of global trading in bulk commodities today, the business-to-business (B2B) information integration across the value chain of a voyage has yet to evolve. As both the shipping industry and commodity merchants face tighter profitability, they need to look at a holistic approach to improve efficiency and data quality through information integration. In this article, Thomas Pappas, Jay Rajagopal and Rashed Haq discuss a way to harness emerging information services and technology platforms. Imagine air travel today without online booking and check-in, flight tracker applications and other web-enabled conveniences. This technology traces back to [...]