For most of my career, I have thought of myself as of a financial services “operations guy,” focused on operational efficiency and client services, getting the right value for the price of technology that I use, and reducing risk to the company in which I work by ensuring first-class business processes and technologies. From that […]
Tag Archives | Technology
How Smart Can Your Fund Be?
Do you live in a SmartCity? Our guess is that if you live in a relatively big city, it is very likely “smart”. There are many definitions for what makes a SmartCity, but according to Cisco and the Center for Cities, they are urban areas that are taking advantage of already existing information and communications […]
DataTech: Technology Innovation that Puts Data first
Just a few years back, the industry was responding to regulatory filings like Form N-MFP, AIFMD Annex IV, Form PF, Form CPO-PQR and Solvency II with individual software solutions to solve each one of those requirements in isolation from the others. And, just as regulatory fatigue had become the norm, U.S. mutual funds braced for […]
Putting the Consistency in the Inconsistency: The Importance of a Global Regulatory Framework
Deloitte’s 2018 Regulatory Outlook states that even with all of the regulatory discussions and progress toward regulatory transparency both in Europe and in the United States in 2018, the uncertainty from a global regulatory perspective will remain. The Outlook specifically points out that “[f]inancial services firms need to be prepared to deal with the challenges […]
Increment or Platform: How Regulation is Driving the Move from Point Solutions to Platform Technology
As today’s asset management back office becomes more and more technology-driven, there is a shift from point-based technology solutions that solve specific functions in what are often very complex processes, to a more consolidated approach that allows multiple processes and functions to be completed within one centralized platform. The best-of-breed trend from years’ past might […]
FCA Green Lights Cloud Technologies
Cloud technology has been around for years now and we are all using it in some ways. If you have an iPhone, then you are using the iCloud all day every day without even realizing it. Your DropBox, your Google Drive, your Amazon account are all using cloud computing. At work, it’s your Microsoft One […]
Regulation and Technology: How the Funds Industry Needs to Adapt, and Soon
Originally published in the November 2014 issue of Wealth & Finance International Following my participation in Bloomberg’s Winning Strategies and Market Liquidity Conference in London this past fall, I am exploring here some of the challenges the asset management industry faces and what it should do to turn these challenges into opportunities. As I […]
With UCITS V, $9T Isn’t as Easy as It Used to Be
Originally published as a guest blog in Wall Street & Technology on August 21, 2014 The world is one big pool of capital, split between different domiciles and different investment types. Most asset managers, regardless of size, have found that avenues for growth are fairly limited if you stick to just one region and one […]
Six Degrees of Separation: How Technology Drives Globalization
The world is becoming smaller. It’s true that the physical nature of the landscape hasn’t changed, however in terms of global business and communication, the increased interconnectivity of the globe frees us from the limitations of physical distance, and instead allows us to think about expansion where it may have been previously impossible. Information now […]
What will the Financial Back Office of Tomorrow Look Like?
Originally published 7/31/14 in WallStreet & Technology One of the toughest jobs we face as a technology solutions provider is predicting future needs of the industry as it evolves and becomes more technologically sophisticated. At Confluence, we believe the fund industry back office of tomorrow will rely on a far greater degree of workflow automation […]