Streamlining the post-trade communications process, part 4

By Van Nguyen

In the securities industry, lack of systems integration, external connectivity, IT resources, and incompatible data formats all negatively impact post-trade communications, compliance, and reconciliation.

Continue reading

Client spotlight: Tribal Capital Markets leverages SS&C MarketTrader to expand business

By Bob Moitoso, Senior Vice President, Financial Markets Group, SS&C Technologies

Tribal Capital Markets, the largest Native American Broker Dealer in the minority space with over $12 million in net capital, consistently identifies and uses the best of breed products within the financial services industry. I’m thrilled to share that after an extensive search, Tribal Capital Markets, LLC, a majority Native American owned, full service broker dealer, chose SS&C MarketTrader as their strategic OMS and EMS software partner.

Continue reading

CPO-PQR NFA compliance rule 2-46 amendment: Get ready for the changes

By: James Mahoney & Justin Meagher

During the 4th Quarter of 2016, the Commodity Futures Trading Commission (CFTC) approved an amendment to the National Futures Association (NFA) Compliance Rule 2-46, which will take effect for the June 30, 2017 filing. The new amendment requires filers to report information on the financial condition of commodity pool operators (CPO) and commodity trading advisors (CTA) as part of the NFA compliance oversight program. It is intended to provide the NFA with an increased ability to monitor a firm’s financial condition and identify firms that may be facing financial hardships. Here a firm refers to the CPO or CTA and their individual pools. Forms PQR and PR will require each CPO and CTA to report financial ratios related to their firm’s financial health.

Continue reading

Bob Shaw talks T+2 with Fund Technology

By Jennifer Molgano

Following Europe’s lead, the U.S. and Canada have been moving from T+3 toward T+2 settlement cycles, putting the pressure on middle- and back-office operations that facilitate trade confirmation. Bob Shaw, Director of SSCNet here at SS&C Technologies, was recently featured in Fund Technology for an exclusive Q&A on the T+2 transition and the future benefits this transition offers the industry.

Continue reading