Articles and white papers relating to back office and custody issues. This section covers research for investment operations professionals, clearing & settlement staff, fund accounting managers and global custody executives. Particularly popular papers in this section include those which tackle the operational challenges facing investment managers as they manage complexity and change in investment operations. Surveys of fund operations and investment banking operations have also been well received...
. A number of papers examine middle office operations: should the middle office be outsourced, or can you transform the asset management middle office to a bottom-line contributor? Other back office research in this section includes white papers on global custody, custodian ratings, clearing and settlement, settlement systems, securities lending and collateral management. A number of articles examine back office issues relating to alternative investments, specifically hedge fund administration, prime brokers and alternative investment fund operations and domiciles. Other reports cover the effect of investment regulation on the back office, for example, IFRS9 (impairment of financial assets and AIFMD).
As the investment industry undergoes significant change, firms have shown an increased willingness to re-think how trading is handled. State Street invited experts from three major consultancies to join them in a discussion about the transformation that’s underway in the front office. They offered their knowledge gained from…
The proliferation of environmental, social and governance (ESG) investing over the last decade has given rise to a significant amount of data and wide ranging, competing frameworks. Yet for many in the securities lending space, reservations about its compatibility with ESG have kept them on the sidelines. As an added…
The world of ESG investing has undergone a sea change. Once seen by some as a niche strategy, philanthropic experiment or even a clever marketing tool, it has since seen a raft of scientific and geo-political developments, which have shifted opinion on both the magnitude of saving our planet and the role we all play. This…
In a recent roundtable discussion on the private markets and ESG, State Street brought together experts from across the industry to explore investor trends, evolving regulatory requirements and data demands.
Dax Johnson, Global Head of State Street's Asset Owner Product talks to Jason Eiswerth, Chief Executive Officer of Canoe Intelligence, to explore how Canoe’s purpose-built technology can help automate the fragmented, time-consuming and costly manual workflows related to alternative investments for institutional…
Drawing on the findings of a recently published white paper, Client Communications: The Stumbling Block to Next-gen Client Experience?, commissioned by SimCorp and produced by Aite Group, industry experts on this panel discuss what defines a strong digital client experience and what is equired to ensure its successful…
McKinsey's Global payments report explains the transformation and turbulent undercurrents surrounding CBDC and stablecoins as well as how transaction banks are reinventing treasury services.
Innovation in the buy-side front office is often viewed as risky, experimental, and costly, and thus put on the back burner. But that can be a short-sighted perspective. Markets Media caught up with Anders Kirkeby, Head of Open Innovation at SimCorp, and Alex Marangoni, Director at Citisoft, to discuss the role of innovation…
As data continues to grow in importance, official institutions today face increased complexity in operating models and require heightened diligence. In this white paper series, State Street partners with Operational Risk Consulting to explore these challenges and engage in a discourse to navigate them.
Emerging from the pandemic, many asset managers are taking a strategic look at their operating model and technology infrastructure. Those considering outsourcing their middle office likely have many questions related to the benefits, cost, timeline and resources required to complete a project of this scale.
Private markets experienced a distinctive and rather unexpected surge during the second half of 2020, with investors’ appetite for risk apparent in the clear rebound of private equity and private credit. State Street explores the new trends that have emerged in private markets during its growth over the past year and the…
Cloud-based data warehousing represents a shift for investment managers, accelerating time-to-insight and streamlining data management. Data is at the heart of every investment firm’s operations. An effective data management strategy can help institutional investment and wealth managers uncover new insights, operate more…
IBOR will have an impact on financial transactions worth over 350 trillion dollars. In this paper, the authors provide a background on the LIBOR transition (typically called ‘IBOR Transition’) and its fundamentals. its impact on accounting, on the financial market, financial instruments, and market liquidity, fallback…
Market participants have often noted that general collateral (GC) repo trades happen very early in the morning, with most activity being completed soon after markets open at 7 a.m. Data on intraday repo volumes timing are not publicly available however, obscuring those dynamics to outside observers. In this post, the authors…
The growing sophistication and complexity of institutional portfolios create new demands on in-house data management teams. Outsourcing presents firms with an opportunity to rethink and refine their operating models and focus more resources on their core competencies.
It’s no secret that creating the 'secret sauce' in investment management has become far more elusive than alpha itself. Today, the buy side is largely dominated by homogeneity after a decade of M&A. This has been further intensified by the margin squeeze and numerous regulations. Not to mention the strain of…
This 223-page report from the Bank for International Settlements outlines its response to the challenges presented by the global Covid-19 pandemic. Even though the crisis is not over, it sees good reasons for optimism, largely because central banks and their efforts have laid the foundations for economic recovery.
This video walks through calculating compounded rates for products linked to new reference rates, considering the impact of compounding conventions on IRR and FTP and shows a practical demonstration of FTP and IRRBB analytics using the new benchmarks.
