All Securities Services articles – Page 34
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Features
GIPS - going for gold
In April 1999 the US Association for Investment Management and Research (AIMR) sponsored and published the Global Investment Performance Standards (GIPS®) Global Investment Performance Standards (GIPS) to meet the needs of the globalised investment management industry. As financial markets and investment management firms become increasingly global in nature, the variety ...
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Features
We have the technology
With the current move from equity to fixed interest sectors, the ability to perform comprehensive risk management on portfolios of fixed interest instruments is now more important than ever before. A major component of this is the ability to perform fixed interest attribution, or to isolate the effects of various ...
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Features
Silence on role of custody
Custody services provider, Northern Trust, says the government’s recent pension reform proposals did not address a key aspect of the Myners report on the independence of custodianship. “We’re almost back to before Myners raised the question,” says Steven Hayward, head of UK pensions relationship management at Northern Trust. He says ...
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Features
No hiding place
Often within the investment management business, investors are confused by the products on offer, there by building an unnecessary and unhealthy distrust. But comparing apples with oranges is a large part of the problem. This problem refers to situations where trustees and those in the investment consultancy community compare performance ...
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Special Report
Up to trustees to make system work
Pension funds, as quintessential long term investors, can be a world force for corporate governance reform. This is the long-held creed of Robert Monks, one of the founding fathers of corporate activism in the US and the UK. For two decades, Monks has argued that investors should take a more ...
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Features
Risk management providers
o Algorithmics Algorithmics was set up in 1989 to develop risk management software. It is based in Toronto, and has more than 140 clients in 26 countries. Products: The company focuses on implementing risk management software for enterprises. Its enterprise risk management software Algo Suite, provides a platform for a ...
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Features
State Street's carve out
The ‘Big Dig’ is how Bostonians refer to the enormous civil engineering project that runs through their city and has sucked in more dollars than the city probably cares to contemplate. The day of its completion appears to be as problematic as ever. In Franklin Street, not far from this ...
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Features
Last days of GSTPA
At the beginning of 2002 it was widely predicted that, come the following November, one of the securities industry’s more ambitious projects to streamline the transaction chain – involving a major step change in technology and processes – would have degenerated into farce. Well, sure enough, a debacle duly occurred, ...
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Features
European platform
State Street went into the Deutsche deal from a position of strength, according to its president and COO Ron Logue. “We won more business in 2002 than in any other year. All in all, wins exceeded business losses in a ratio of three to one. “Relative to the competition we ...
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Features
Making it happen
Ralph Vitale is the man with the mission of planning and implementing the integration of the Deutsche global securities services (GSS) business with State Street, where he is executive vice president, responsible for securities finance. “This is an enormously complex transaction, as it covers a lot of people in a ...
