Citisoft Blog

Hot Topics

  • Sweet Sixteen: 2016 Outlook

    While some of the topics in this year’s outlook may be familiar, we’ve been seeing changes in trends over the past two years that indicate our industry is poised for a revolution. From vendor consolidation, to data infrastructure initiatives, to tech disruption (read: #fintech), we weigh in on which hot topics will change the industry in…

  • Barclays POINT User Survey Results

    Find out how the fixed income industry is reacting to the planned retirement of Barclays POINT. After analyzing the survey results, one thing is clear: asset managers who use POINT were blindsided by the planned retirement of the platform with a short timeframe of just 18 months. Some key findings include: The majority of…

  • Times of Change: 2017 Outlook

    The immortal words of Bob Dylan rang true in 2016 more than any recent year in memory: The Times They Are a Changin’. Though we covered a number of trends in our  2016 Outlook  that persisted over the year, we have to admit that this year’s biggest shake-ups blindsided us. Trump, Brexit, Barclays POINT…what can we learn from the market…

  • If You’re Not Looking Behind, You’re Falling Behind

    This time last year, I wrote a blog about the value of ongoing maintenance , a periodic assessment of condition and, ultimately, the onetime big ticket expenditures that homeowners face. In my case, my big-ticket item was a new furnace. For an asset manager it may be a new portfolio accounting system, an OMS and trading platform, or…

  • Time Is the Enemy

    ‘Trust the plan and the process behind creating one, even if it doesn’t give you a date you like’. That is a direct quote from a Senior Project Manager within an asset management firm, following an operational project meeting. The plan in question had initially proposed an 18-month project duration. Unfortunately, the approvals process…

  • Remembering The King: Arnold Palmer's Inspirational Quips

    March Madness and spring training are dominating sports headlines lately, but with the PGA Tour now in full swing I’m more excited for the upcoming golf season. In particular, my focus has been on the Arnold Palmer Invitational tournament. The annual host for this golf tournament was none other than Arnold Palmer himself, one of the…

  • Operational Health and the Case for Periodic Strategic Assessments

    I hear it all the time from those that know my foibles and phobias, “You need to go to the dentist and get a check-up!” I have nothing against the dental profession, mind you, quite the contrary. It’s pain that’s my Achilles’ heel, or at least the perception and anticipation of it. Generally, I finally make that dreaded appointment when…

  • Four Must-Listen Podcasts for Asset Management Tech and Ops Pros

    Print is dead. TV is on its way out. And film isn’t what it used to be. In the digital age, it seems media consumption habits are changing faster than entertainment can keep up. But while Facebook is busy developing a futuristic virtual reality behemoth, the masses are staging a quiet revolt and going retro. In case you hadn’t…

  • This Old House – Six Tips for Project Management

    A project manager in the investment management industry will often use analogies from the construction industry to explain the phases of a project. I’ll admit it; I use them often myself. The problem is that it’s a terrible analogy to make! It sets the expectation with your project team, sponsor, and stakeholders that you are embarking…

  • MiFID II: Time to Focus

    I was astounded to read about a survey from Northern Trust last week that found that 60% of fund managers have not implemented solutions ahead of MiFID II. At Citisoft we also believe that large parts of the buy-side community are dangerously lagging in their progress towards MiFID II compliance, but the survey figure from Northern Trust…

  • The Leap from Waterfall to Agile – Breaking My "Good" (Bad) Habits

    In the first 18 years or so of my career, I focused mainly on project initiatives following a Waterfall approach and methodology.  As a project manager running large initiatives, my success hinged on several key themes:  implementing structure/discipline, detailed planning (short- and longer-term), multi-year roadmaps with interim…

  • Getting Things Done in the Face of a Stout Defense

    We’ve all been there—great idea in hand, excitement pumping new life into the daily grind… then the naysayer steps out of the shadows, throwing elbows and blocking shots. Where once there was life in the party, suddenly all the air has been sucked out of the room, and dread sets in. Your idea has merit and is important. You know it’s…

  • Taking the High Ground: A Consultant's Value-Add in Battle

    On July 1, 1863, after a full day of engaging Union forces at the onset of the Battle of Gettysburg, Confederate General Robert E. Lee issued an order to Lieutenant General Richard S. Ewell to secure position of the high ground at Cemetery Hill where Union soldiers were encamping. General Lee’s order ended with the specific directive,…