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).
In this report, The Investment Association and KPMG discuss the threat of cyber attacks and the level of preparedness for such an occurance within the asset management industry.
Over the past decade, the financial industry has made substantial progress in strengthening global market stability and enhancing resilience. Despite significant efforts to improve post-crisis resilience, this paper identifies additional opportunities to further strengthen financial stability through enhanced system-wide…
IFRS 15 Revenue from Contracts with Customers, which became effective on 1 January 2018, may change the way investment management companies account for their services. In the past, when major IFRS change has led to large-scale implementation projects, management at companies – usually group financial controllers – have asked…
Fund administrators have made significant investments and built real-estate-specific capabilities and services, which should compel investment managers to seriously consider outsourcing their fund administration activities if they are already not doing so.
State Street commissioned PollRight to conduct a survey of sophisticated investors on their views on how their institutions managed data and analytics. Respondents to the survey comprised of institutional and alternative investors operating in sectors such as hedge funds, real estate and private equity. In total, 86…
The ISDA Margin Survey considers the impact of regulatory and other changes on collateral practices, and analyzes the amount and type of initial margin (IM) and variation margin (VM) posted for non-cleared derivatives, and the IM posted for cleared transactions.
The survey finds that the amount of IM collected by the 20…
When the collapse of Lehman Brothers—at the time the world’s fourth-largest investment bank—sparked a global financial crisis in 2008, regulators and capital markets players needed to quickly assess the extent of market participants’ exposure to the bank and each of its hundreds of subsidiaries. Like many other capital…
The Economist Intelligence Unit, on behalf of Deutsche Bank, surveyed 300 senior corporate treasury executives between April and June 2018 to explore treasurers’ expectations regarding technological developments, their views on any disruption taking place to their companies' business models and network, and what they…
In 2015 the Chairs of the FSB Standing Committee on Supervisory and Regulatory Cooperation (FSB SRC), the FSB Resolution Steering Group (FSB ReSG), the Committee on Payments and Market Infrastructure (CPMI), the International Organisation of Securities Commissions (IOSCO), and the Basel Committee on Banking Supervision (BCBS…
You can still earn a lot of money working in banking! By averaging the latest total compensation figures for investment banking division jobs (ie. jobs in M&A and capital markets) from Dartmouth Partners and Arkesden and combining them with figures for sales and trading and more senior roles from pay benchmarking firm…
Whether buying structured credit, investing in loan funds or setting up direct lending funds, today, private credit constitutes an important stream within the ocean of global finance. However, this key segment of the investment management industry, also presents a range of challenges. Private credit remains a relatively…
A majority of alternative fund administration firms – 74% – expect consolidation in the alts fund admin space. This is up dramatically from the 47% of survey respondents who expected consolidation in 2017’s survey. And despite technology and new players disrupting numerous industries around the world, only 11% of survey…
This brief salary survey by Robert McKinley focuses on the UK, specifically the accounting & finance, banking, back office, project management, HR and IT sectors.
This 38-page salary guide from Robert Half shows benchmark levels of compensation for roles within banking and financial services, accounting and finance.
This bumper 112-page survey reveals salaries in the major Asian centres of China, Hong Kong, Japan, Singapore and Malaysia. Turn to pages 37-46 for front & middle office salaries in asset management, private equity, and hedge funds.
The Aquis Search Hong Kong Investment Management Salary Survey 2018 details salary information and recruiting trends for portfolio managers, investment researchers and investment sales professionals, as well as an overview of the investment management industry in Hong Kong.
This 134-page report contains salary details across a variety of roles in accounting & finance, banking & financial services, and across five key Australian financial centres.
