FinOps

News of financial ops, regs and tech

  • Home
  • Ops
  • Tech
  • Regs
  • Contact
  • The FinOps story
  • Subscribe
  • Log In

COVID-19 Accelerates Buy-Side Outsourced Trading

October 18, 2020 By Chris Kentouris Leave a Comment

The COVID-19 pandemic is adding fuel to the fire of interest from some fund management firms in outsourcing the execution of their trade orders to third-party specialists. Over the past few years, fund managers have decided that outsourcing isn’t only for middle and back-office functions. It can also be used for trade execution with cost […]

Filed Under: Outsourcing, Risk Tagged With: Data, Fund Ops, Funds, Hedge Funds, Investment Ops, MiFID, Ops Risk, Outsourcing

FREE WEBINAR: Outsourced and Supplemental Trading: How the Buy Side is Benefitting Today

September 22, 2020 By Chris Kentouris Leave a Comment

Sponsored by Tourmaline Partners Save the Date: Thursday, October 15, 2020 Time: 10AM EST Go to www.tourmalinepartnersllc.com/finops-report-webinar to register for the free dial-in details Join Tourmaline Partners and FinOps Report for a free webinar on how the buy-side is benefitting from outsourced and supplemental trading. Access to liquidity, cost rationalization, operational efficiency, regulatory compliance, and […]

Filed Under: Compliance, Funds, Investments, Ops Risk, Outsourcing Tagged With: Fund Ops, Hedge Funds, Investment Ops, Trading

Coronavirus: Survival Tips for Middle Office Fund Ops

March 26, 2020 By Chris Kentouris Leave a Comment

The coronavirus pandemic is frazzling even the best trained middle-office operations managers of US fund management shops who are working in the trenches of a battlezone. The war isn’t about setting up remote access to IT systems for employees having to work from home or deciding who should do which task and when. Following a […]

Filed Under: Compliance, Funds, Investments, Ops Risk, Outsourcing Tagged With: Fund Ops, Hedge Funds, Investment Ops, Post-Trade, Valuation

BNY Mellon Gives Fund Managers New NAV Agent

February 13, 2020 By Chris Kentouris Leave a Comment

Fund managers no longer have to rely on their fund administrator’s backup plan or their own when striking or validating a net asset value. BNY Mellon, the world’s largest custodian bank, says it can save the day by doing all the operational work using Milestone Group’s pControl platform which also allows for accurate backup NAVs […]

Filed Under: Compliance, Data, Funds, Investments, Outsourcing, Reporting Tagged With: Compliance, Data, Fund Ops, Middle Office Ops, Outsourcing, Reconciliation, Reporting, SEC, Valuation

Opportunity Zone Fund Admin: Can Blockchain Do the Trick?

October 21, 2019 By Chris Kentouris Leave a Comment

Blockchain is finding a new opportunity in middle and back-office operations for opportunity zone (OZ) fund managers, but can it outperform the current alternative fund administrators? One Arizona entrepreneur certainly thinks so. Co-founded and part-owned by Nico Willis, chief executive of cost-basis technology provider Networth Services, new fund administrator Agora AltX uses Hyperledger Fabric’s permission-based […]

Filed Under: Compliance, Investors, Outsourcing, Regulations, Rules Tagged With: Compliance, Crypto, Fund Ops, Reporting, Standards

Hedge Funds: Proactive Operational Risk, Finally

April 15, 2019 By Chris Kentouris Leave a Comment

  Failed trade settlements, bad valuations, bad reconciliations, shoddy vendor management and simple forgetfulness. These glitches aren’t new for hedge fund managers. What is new is that they are turning to management and technology consultants for help.  As regulators, such as  the US Securities and Exchange Commission, look under the hood during exams and investors become […]

Filed Under: Funds, Investments, Ops Risk, Outsourcing Tagged With: Fund Ops, Hedge Funds, Investment Ops, Post Trade

Treasury Operations: From Basics to Optimal

December 14, 2018 By Chris Kentouris Leave a Comment

Where are my cash and securities and am I achieving the best bang for the buck? Treasury management staffers at hedge fund management shops are belatedly realizing that the difference between either knowing or not knowing the answer to the interrelated questions could translate into the difference between average and higher investment performance. The savviest […]

Filed Under: Financing, Outsourcing, Post-Trade Tagged With: Brokerage Ops, Fund Ops, Hedge Funds, Investment Ops, Outsourcing, Post Trade

Striking an NAV: Fund Managers’ Contingency Options

May 11, 2018 By Chris Kentouris Leave a Comment

(Editor’s Update on December 5, 2018: US fund managers are getting serious about striking back-up NAVs on their own. Milestone Group tells FinOps Report that it has nabbed two top-tier US headuartered fund managers to use its pControl Oversight platform to monitor their fund administrators and  to strike back-up NAVs in-house, instead of relying on […]

Filed Under: Compliance, Data, Financials, Funds, Investments, Outsourcing, Reporting, Slider Tagged With: Compliance, Data, Fund Ops, Hedge Funds, Middle Office Ops, Outsourcing, Reconciliation, Reporting, SEC, Valuation

SEC to Fund Admins: No Proof, No NAV

January 31, 2018 By Chris Kentouris Leave a Comment

The US Securities and Exchange Commission has just warned fund administrators they can’t take the word of a fund manager when calculating the net asset value (NAV) of an investment fund. When explaining its recent US$561,000 fine against Gemini Fund Services, the US regulatory agency says that when assigning an NAV to a mutual fund, […]

Filed Under: Compliance, Investments, Investors, Outsourcing, Rules, Slider, Standards Tagged With: Compliance, Fund Ops, Reconciliation, SEC, Standards, Valuation

Cybersecurity: Asset Managers Face Ratings Threat

June 19, 2017 By Chris Kentouris Leave a Comment

Regulatory fines aren’t the only thing asset managers need to worry about when it comes to ensuring they have a strong cybersecurity program in place.  A new study just released by Moody’s Investors Services about the cybersecurity preparedness of US fund management firms suggests that asset managers could face a credit ratings downgrade if they can’t protect their critical data. That data could include anything […]

Filed Under: Compliance, Outsourcing, Post-Trade, Risk, Risk, Rules, Security, Slider, Standards Tagged With: Compliance, Fund Ops, Security, Standards

Next Page »

The FinOps story

Dear Readers,

If you are a new visitor to FinOps Report, welcome to our newsite. Beyond what you see on the home page, check out our archives for articles that thousands of readers have found useful. To our loyal readers, thanks for staying with us. We write FinOps for you.

Our goal remains constant – news you can put to work. We analyze how regulations, operations, and financial technology intersect, and we bring you expert advice to reduce your operational and regulatory risks. We don’t waste your time with the same old stories you find elsewhere. We offer you practical value that you don’t find anywhere else.

If even one FinOps article has helped you, please return the favor by subscribing. Your subscriptions fund us in providing the broadest and most detailed coverage of important topics for middle and back-office operations, compliance and fintech specialists. A subscription is $60 a year, or $15 a quarter. Click the “Subscribe” tab on any page to sign up.

Meanwhile, please stay in touch. Enroll for news alerts, if you haven’t already. And use the “Contact” page to connect directly with me. We want your story ideas and feedback, and we love hearing from you.

Chris Kentouris
Editor

Read More…

Sign Up for FinOps Alerts!

Archives

News Topics

AIFMD AML Blockchain Brokerage Ops CFTC Clearinghouses Collateral Compliance Corporate Actions Crypto Custodians Data Depositories Derivatives Dodd-Frank DTCC EMIR ESMA FATCA FINRA Fund Ops Hedge Funds Innovation Investment Ops Investors KYC Matching Middle Office Ops MiFID Ops Risk Outsourcing Post Trade Private Equity Reconciliation Regulations Regulators Reporting SEC Security Settlement Standards Swaps T+2 Tax Valuation

[footer_backtotop]

Copyright © 2023 FinOps · Privacy Policy