SS&C Deliver 2017: panels and presentations for alternative investments

By Jen Molgano

SS&C Deliver 2017 is coming up fast! Taking place September 12-14 at the Hyatt Regency in Chicago, we’re featuring more content than ever before. For our SS&C GlobeOp clients, the session and speaker line-up offers an insightful track tailored around alternative investments, critical regulations, and our new solutions. Here is just a sampling of sessions.

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SS&C survey reveals private equity firms focused on operational efficiency, governance, and transparency – Part 2

By Joe Patellaro

In part 1 of this series, we talked about how today’s private equity firms are increasingly focused on transparency and the current regulatory environment. Here, we examine what respondents say about asset class growth.

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Private equity study reveals firms increasingly focused on operational efficiency, governance, and transparency – Part 1

By Joe Patellaro

A recent SS&C survey of private equity professionals (SS&C customers) and 2017 SuperReturn international conference attendees shows an increased focus on private equity operational efficiency. The data reveals that 88 percent of respondents reported being more operationally focused today compared to three years ago.

The reasons behind this are varied, but ultimately map back to protecting investor interests.

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SS&C’s CORE reporting to help with the challenges of new SEC Modernization requirements

By Richard Clark

As the main regulator of the investment management industry, the SEC continues to identify opportunities to modernize and enhance the reporting and disclosure of information by registered investment companies. Along these lines, the SEC recently voted to adopt changes which modernize the current reporting regime to address the risks in the asset management industry, improve the quality of the data provided to investors and help the SEC collect and analyze data more efficiently. According to the SEC estimates, there are approximately 12,000 funds that will be affected by the new SEC modernization rules. The first of these new reports will be due July 30, 2018.

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EMIR Changes: How do they affect you?

By Mastan Momin

Since 2014, The European Market Infrastructure Regulation (EMIR) transaction reporting implementation has been wrought with difficulties. While the industry looks at the current data quality issues, European regulators are requesting more granularities on the transaction reporting.

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AIFMD II: What should we expect? – Part 2

By Alastair Hewitt

European policymakers have to deal with Brexit and its implications, and this naturally supersedes AIFMD II. It is believed that an AIFMD market study (due to report mid-2018) has already been put out for tender by the European Commission (EC). This would delay any AIFMD II proceedings.

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The challenges of data normalization

By Giles Smart and Justin Meagher

Today’s financial managers operate in a strict regulatory landscape that can be overwhelming and challenging. Many are struggling to stay on top of the new financial rules (e.g. AIFMD, EMIR, MiFID II, Solvency II, FATCA, and Dodd-Frank) while still effectively servicing their clients.

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Newest TRACE amendment extends definition of “TRACE-Eligible Securities”

By Ken Somma

In 2001, the Securities and Exchange Commission approved the Trade Reporting and Compliance Engine (TRACE). This rule requires all member firms to report secondary market transactions in eligible over-the-counter fixed income securities to FINRA. Unlike equities, over-the-counter securities trades are private transactions between counterparties and were not previously publicly reported. This lack of reporting provided very little to no price execution transparency to the marketplace.

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Boutique asset managers: The path to scale

By Lee Burchell

Markets and regulations are constantly evolving, expensive internal operating models impede scalability, and savvy investors recognize that growth cannot be achieved if internal costs are unsustainable. How can boutique firms meet these challenges and stay competitive?

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A successful CECL implementation begins with a holistic approach

By Lauren Smith

The Current Expected Credit Loss accounting standard (CECL) replaces the incurred loss model with a lifetime expected credit loss estimate, which will result in significant changes to financial institutions’ reserving process. Many industry experts consider CECL to be the biggest change to bank accounting ever. Is your institution prepared for the change, or do your current systems and processes fall short? A successful transition will include a holistic approach, but how will your institution get there?

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