The COVID-19 pandemic is a profound health and humanitarian crisis that has brought significant economic hardship for many people around the world, and it will continue to impact our lives for many months to come. At the same time though, we have witnessed an incredible spirit of resiliency with communities and companies coming together to…
In our recent viewpoint COVID-19: A capital markets industry perspective, we examined what capital markets firms should be doing now and next to deal with the unprecedented challenges being faced during the pandemic. In this blog post, we’ll apply and refine our thinking specifically for asset managers and their clients. In many ways, the COVID-19…
The COVID-19 pandemic is a profound health and humanitarian crisis that massively challenges the financial and operational resilience of the global capital markets industry. Industry leaders need to stay on top of a rapidly changing situation and do what is best for their people, their customers and their organizations. We believe capital markets firms should…
According to Accenture’s Reinventing Operations in Asset Management report, risk management in the middle and back office is a top five concern among asset managers. While investment risk rightfully receives a great deal of asset managers’ attention, other risk management activities often take a backseat. Emerging risks—particularly those relating to new technologies, regulation, cyber threats,…
Private banking 4.0 is upon us. Digital technology and a highly focused business strategy – not so long ago “nice-to-haves” – are both expected to become “must-haves” in this world of discerning and demanding clients. Firms that lag behind could be seeing the results in depressed bottom lines. This is the story to emerge from…
Since the 2008 financial crisis, derivatives have been in the regulatory spotlight. One of the dedicated protective rules that was introduced in 2016 was around the need to post risk-based initial margin into segregated accounts for uncleared derivatives. This requirement will continue to be phased in through 2021. In order to conform with these uncleared…
