Derivatives dealers entering transactions not subject to central clearing can expect more exams and reviews from the Securities and Exchange Commission or other relevant regulators, said Mary Schapiro, chairwoman.
Linedata Services is considering extending a version of its recently launched dashboard for daily valuation process and exception monitoring to hedge funds and other users of its accounting platforms.
The Bank of New York Mellon is eyeing future access for high-end users of enhanced risk management capabilities via its Workbench platform.
ern Trust is eyeing an extension of its pooling services platform to multinational clients managing employee benefit plans governed by the U.S. Employee Retirement Income Securities Act (ERISA).
HedgeOp Compliance plans to offer a capability that will automate the ability of registered investment advisers to track personal trading activity.
Industry professionals gave mixed reviews to a Securities and Exchange Commission proposal, announced this past Thursday, to beef up custody rules under the Investment Advisers Act.
Any hedge fund firm that has a presence in the EU--even if its fund is domiciled elsewhere--will have to comply with EU regulators under the pending Directive on Alternative Investment Fund Managers, according to WSL sister publication Alternative Investment News.
The recently formed Canadian Securities Lending Association has its eye on executive board elections and adding members in the coming months.
BNP Paribas Securities Services is preparing to expand its global clearing services into Hong Kong, Singapore and India.
The International Trade Association for Institutional Trade Communication (ISITC) is moving its standing settlement instruction (SSI) standard into production.
Omgeo is looking for ways it can play a role that would allow buy-side firms to benefit from the central counterparty clearing model for credit derivatives.
SimCorp StrategyLab is looking at operational and cost issues in its next round of research reports.
Investment managers believe operational risk is well covered by existing risk management policies, according to a report released today by SimCorp Strategy Lab.
Fiserv expects to complete the rollout of its recently launched Message Workflow Manager by the end of the year.
PNC Global Investment Servicing is eying links to external data for its Intelligent Dashboard for data storage and metrics.
A number of big hedge funds are making the move to outsource their administration to a third party.
Legg Mason will use Boston Financial as the transfer agent for all of its open-end funds as of April 4 to improve operational efficiency.
Catalina Partners, a newly launched consulting firm in Newport Beach, Calif., plans to focus on operational risk as a key service area for prospective clients.