As Barings Bank, Societe Generale and now UBS have found, much to their dismay, it’s hard to stop a trader from getting out of control if he knows the inner workings of both your front office and back office.
Here are eight steps you can take in yout technology shop and operations, to catch a rogue before his desperation costs you billions.
SOURCE: Securities Technology Monitor research at SIBOS 2011 in Toronto.
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It can be hard for advisors to fully understand what clients and prospects truly want. The right questions can uncover not just financial blind spots, but the fears, priorities and assumptions behind their decisions.
Natasha Howe's friends were blowing up the internet as influencers, but they needed a financial advisor who could help get their financial lives in order. She now has a growing niche.
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Exchange funds could help address some wealthy clients' concentration risks and tax quandaries at the same time.
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