Buy-side firms once reluctant to embrace cloud computing are apparently changing course as two-thirds of those responding to a recent survey intend to use the services of public cloud providers over the next five years. The survey and research from Boston-based Sapient Consulting also focuses on other emerging technologies that are disrupting how the buy… Read More >>
Australian Firm to Use Eagle Platform for Data & Performance Management
QIC Moves Away from Global Custodian QIC, the Australian investment fund for the Queensland government, will be using cloud-based data management and performance measurement solutions from Eagle Investment Systems, which marks a move away from a global custodian that had been providing outsourced data and performance measurement functions. The firm, which has A$81 billion in… Read More >>
RIA to Use Fiserv’s Portfolio Accounting & Trading System
Capital Wealth Planning to Deploy Fiserv Platform Capital Wealth Planning, a registered investment advisor (RIA), will be deploying the Unified Wealth Platform from Fiserv for portfolio accounting and trading in order to supports its growth path. The firm, based in Naples, Fla., chose the Fiserv to help it “achieve greater productivity and efficiency in our… Read More >>
Sapient Global Markets Tightens Links to Microsoft Azure
Sapient Global Markets (SGM), a technology and consulting services provider, will be tightening its collaboration with Microsoft’s Azure cloud computing service, and Sapient’s CMRS regulatory reporting platform will be taking full advantage of the greater joint effort, officials say. “We have had CMRS on Azure for the last two years but we are now enhancing… Read More >>
RegTek Launches EMIR-Focused Reporting Service
The push to be ready for the next phase of the Markets in Financial Instruments Directive (MiFID II) reforms is not the only European regulatory initiative that global firms have to worry about. On November 1, firms face a deadline to comply with the revised reporting specifications (RTS) required by the European Securities and Markets… Read More >>
Microsoft’s Azure Supports UBS Risk Mitigation
UBS officials are acknowledging that they are using the Microsoft Azure cloud computing service to support risk management efforts, and will use Azure technology for a wider digital transformation. The bank needs to increase the agility and scalability of its technology infrastructure, which key to the bank’s strategy, says Paul McEwen, UBS Group head of… Read More >>
Jupiter Asset Management Uses the Cloud for NAV Oversight
U.K. fund management firm, Jupiter Asset Management, went live this past October with a cloud-based platform from the Milestone Group that automates the collection of fund valuation data and the independent verification of daily net asset value (NAV) prices, officials say. The move to the Milestone system, pControl Oversight, was driven by a spike in… Read More >>
SGBT to Implement Duco Cube’s Hosted Services
Societe Generale Bank & Trust (SGBT) will be using a data management platform from Duco to automate securities, cash and internal system-to-system reconciliations processes, according to bank and vendor officials. SGBT, a Luxembourg-based subsidiary of Societe Generale, will be using the Duco Cube hosted platform “to control complex data using light-touch, self-service technology,” according to… Read More >>
SEI Picks Milestone Group Platform for OCIO Business
SEI, a provider of asset management and investment operations solutions, has decided to use a multi-asset software platform from the Milestone Group to bolster its outsourced chief investment officer (OCIO) efforts. OCIO services vary by provider and can include: asset allocation advice; manager monitoring, research and selection; trust and custody services; and administration services, according… Read More >>
BT to Bring UC Solutions to the Trading Room
In an odd marriage of old and new world technologies, BT may soon be mixing telephony with unified communications. Trading rooms where special phones — known as turrets — are used by humans to complete transactions will likely be integrated with 21st century unified communication and collaboration technologies via BT’s pending acquisition of IP Trade… Read More >>
