Technology Council™ NYC

The growth in electronic trading over the last decade has meant that asset managers are much less dependent on the sell side for access to liquidity.  Today’s buy side trader has direct, unfettered access to complex global markets via a myriad of tools.  This research will review systems and practices relating to trade execution management (EMS and OMS), transaction cost analysis, and electronic execution venues.

As economic and regulatory pressures drive the need for efficiency, firms seek solutions to increase automation and move to exception-based processing. This research will focus on two areas of transaction management: post-trade systems and services, and reconciliation systems. We will provide a review of systems and services available to assist in post-trade processing across asset classes, including confirmation / affirmation, matching and settlement systems, settlement instruction databases and networks. In addition, we will evaluate leading systems and services that support reconciliation between the manager's records and those of their custodians and counterparties.

Legacy portfolio accounting systems may no longer be adequate to support the demands of alternative investments, new regulation and expanded lines of business. Firms seek more robust, enterprise accounting systems that provide multi-currency requirements, sub-ledger entries, hedging capabilities, and regulatory reporting. This research topic will provide a detailed review of the leading accounting systems that support traditional asset managers, insurance firms, mutual funds and hedge funds.