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MIAMI --The next crisis in the financial services industry may have nothing to do with overextending credit or breaking the buck. The next crisis could be a technology shock, according to fund executives.
February 13 -
Bonaire Software Solutions LLC has added modules to its REVPORT revenue management system that will automate distributor rebate fee calculations and invoice reconciliation.
February 13 -
SunGard has added a mobile trade authorization capability to the SunGard Global Network (SGN) Short-Term Cash Management portal.
February 13 -
The SEC is about to announce reform of money market funds that is likely to include letting the net asset value float, long anathema to the industry. James P. Palermo, Vice Chairman of BNY Mellon though wants to know: What happens if that part of the mutual fund industry just goes away?
February 13 -
The next black swan in the financial industry is likely to be rising interest rates. And there could be a good black swan event: a rally over the next 10 years in stocks, said speakers at NICSAs 30th Annual Conference and Expo.
February 13 -
Thomson Reuters announced the launch of a powerful new tool that supports investment professionals need for tighter integration between macroeconomic research and fundamental analysis.
February 13 -
The Money Management Institute (MMI) has hired data management vendor Coates Analytics to help the Institute in an initiative to compile the sales, distribution and other information of its broker-dealer sponsors and money managersall on one system.
February 13 - Money Management Executive
The fund services industry association said it is creating a store of white papers, surveys, research and other informational resources in a store of knowledge online.
February 13 -
A year ago, the firms more than 4,000 advisors in the United States had to manually submit each post in advance for review. Now, Raymond James Financials has automated the compliance and publishing process, to speed up communications with customers.
February 13