Will there be any major independent firms by the end of 2014?
Corporate Intelligence Blog
Citisoft is proud of our dedication to the investment management community. We remain ‘Buy-Side, By Choice.’ As a service to our clients and the investment management community, we’re selecting pertinent buy-side technology and operations content from the web and providing our take on trends and influences in our industry.
Citisoft Principal, Beth Cavanagh, weighs in on how fund firms can strengthen their oversight regimes when it comes to outsourcing in the February 28th issue of Ignites. Excerpt below. Full article available with subscription here.
Markit’s recent acquisition of thinkFolio deserves industry attention for a couple reasons:
1) As examined in our recent “14 for ’14” industry outlook, the OMS has evolved into a data and analytics platform, as opposed to solely an order routing tool, due to the broad adoption of sophisticated instruments and the rise of multi-asset strategies.
"And ... action!" Citisoft's 2014 Outlook including the future of data management technology and how the Best of Breed conversation will be forever changed in 2014.
Dodd-Frank's impact to the business of investment management is now reality.
Three years after the passage of the Dodd-Frank Act, the industry is feeling the effects of the Act in full force but operating in a transitional state. The majority of the rules that make up the Act have been enacted. New regulatory entities and structures have been designed. The implementation of rules and compliance guidelines are in full swing. But the industry is working with few ‘best practices’ to guide their transition.
This opinion article, authored by Citisoft European CEO Steve Young, was originally published at referencedatareview.com:
“The shepherd drives the wolf from the sheep, for which the sheep thanks the shepherd as his liberator, while the wolf denounces him for the same act as the destroyer of liberty. Plainly, the sheep and the wolf are not agreed upon a definition of liberty.”
- Abraham Lincoln