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- RIA Firm Fintegra Launches on FundQuest's Institutional Spectrum Platform
- BOSTON -- Fintegra Financial Solutions has joined FundQuest in a partnership to make FundQuest's Institutional Spectrumsm platform available to Fintegra's financial advisors. Fintegra, based in Minneapolis, Minnesota, has more than $140 million in assets under management. FundQuest is a leading provider of technology-based productivity tools, back-office operational support, and investment...
- Research articles 2008-08-19
- General Motors Investment Management Corporation Outsources Servicing of $20 Billion of Assets to SS&C
- Successful Launch of Investment Servicing in Production WINDSOR, Conn. -- SS&C Technologies, Inc. (www.ssctech.com), a global provider of financial services software and outsourcing solutions, announced that General Motors Investment Management Corporation GMIMCo is live with the administration of middle and back office functions through SS&C Direct. GMIMCo is a...
- Research articles 2008-06-23
- Societe Generale boss admits faults in control systems
- PARIS AFP — The head of French bank Societe Generale, who faced pressure to resign over a massive rogue trader scandal, admitted in an interview published Tuesday that the bank's internal control systems had faults. Chairman Daniel Bouton, speaking to French Internet site Mediapart, said: "The controls were carried...
- Research articles 2008-06-10
- O'Shaughnessy Asset Management Wins Award For Outstanding Operations Management
- Institutional Investor Award Signals Firm Ready for Complete Independence STAMFORD, Conn. -- O'Shaughnessy Asset Management OSAM, a pioneer in quantitative asset management, won an award in the category of "Operations Management--Best Post-Trade Technology Implementation" at Institutional Investor's 15th Annual Mutual Fund Industry Awards held March 6, 2008 in New...
- Research articles 2008-03-12
- VSoft Navigates Through Payment Landscape at User Conference
- Thought Leaders included Federal Reserve, Celent, Law Firm of Adams and Reese LLP ATLANTA -- VSoft Corporation, a global information and technology provider of process improvement solutions for financial institutions, recently hosted its annual User Conference in Atlanta, "Destination: Remote Capture," to discuss emerging trends and provide an industry...
- Research articles 2007-09-27
- The Culinary Institute of America Selects Eatec's Back-Office Software
- EMERYVILLE, Calif. -- The Culinary Institute of America, the world's premier culinary college, has selected Eatec Corporation's back-office software, EatecNetX, for management of its culinary instruction kitchens and public restaurants at its Hyde Park campus. EatecNetX will be utilized for inventory and production management in 41 instruction kitchens and...
- Research articles 2007-09-25
- New Operating Cost Benchmark Established for Private Foundations
- Recently completed study confirms significant reduction in operating costs for foundations outsourcing their back-office, technology and support service requirements FAIRFIELD, Conn. -- Foundation Source, the nation's leading provider of support services for private foundations announced today the results of a new study on operating and administrative costs of private...
- Research articles 2007-09-18
- News: Amicable end to F&C/Mellon's outsourcing deal.
- Byline: CD F&C Management has terminated its back office outsourcing deal with Mellon Financial Corporation, claiming it needs a consistent approach to investment administration. The decision, announced jointly between Mellon and F&C, will see admin staff transferred from Mellon's employment back...
- Research articles 2007-05-21
- MyECheck Inc. Launches Remote Deposit Capture Services
- MyECheck Inc., a leading provider of comprehensive Check 21 imaging, processing and related solutions, today announced that the company has successfully launched remote deposit capture services for corporate back office check scanning and Fed image clearing. The new service enables merchants to scan checks at the point of sale...
- Research articles 2007-05-16
- Union warns MLC jobs bound for India.
- Byline: Victoria Young Apr 17, 2007 (Independent Financial Adviser - ABIX via COMTEX) -- The National Australia Bank NAB has commissioned a review of back-office positions within MLC, its wealth management unit. Paul Schroder, of the Finance Sector Union, notes that the review is...
- Research articles 2007-04-17
- Getting Proper Approval
- Q. I work part-time as a FINOP Financial and Operational Principal for a couple of firms. Recently, Ive been butting heads with the owner of one of the firms who, in my opinion, is not allowing me to properly supervise the employees responsible for back-office procedures. The owner insists it...
- Research articles 2007-03-01
- Staff Getting Ready for 2007 Session
- Operating the West Virginia Legislature takes far more than the 134 members elected to serve.Scores of temporary and permanent staff members work at keeping the legislative branch running, and they kick their efforts into high gear for the 60-day regular session.Aaron Allred, legislative manager, is adding about 25 temporary employees...
- Research articles 2007-01-05
- Case seeks aid for sublease of Halle space; `Temporary hold' on university's relocation of back-office jobs downtown may be permanent.(Case Western Reserve University )
- Byline: STAN BULLARD Case Western Reserve University is taking a step that signals it may be preparing to drop or scale back its long-stalled plan to move about 300 employees from its University Circle campus to downtown Cleveland. The university has...
- Research articles 2006-12-11
- Joint custody; American finance.(A bank merger that pleases everyone - except competitors)
- Bank of New York and Mellon shake up what is a dull business no longer "NOTHING takes the taste out of peanut butter quite like unrequited love," noted Charlie Brown. The all-American spread must taste more delectable than ever to executives at Bank of...
- Research articles 2006-12-09
- NAB hunts for exec to woo mortgage brokers.
- Byline: Stewart Oldfield Sep 14, 2006 (The Australian Financial Review - ABIX via COMTEX) -- National Australia Bank's NAB restructuring program has resulted in top-level staff turnover issues. In September 2006 the bank is looking for a new executive to be in charge...
- Research articles 2006-09-14
- Credit Suisse to recruit up to 4,000 staff for Asia operations
- ZURICH AFP — Switzerland's second-biggest banking group Credit Suisse said it plans to add up to 4,000 employees to double its staff for Asian operations over the next two years. The extra staff will work in back-office operations, investment banking, asset management, and private banking, a spokesman said, confirming a...
- Research articles 2006-09-04
- Yale Mortgage taps GMS solution
- Miami-based Yale Mortgage Corporation has selected Lakewood, Colorado-based Guardian Mortgage Services' (GMS') outsource solution to bolster its backroom operations, GMS announced. The selection of GMS will immediately expand Yale Mortgage's closing capacity to support its existing growth and ensure capacity for the increasing volume, according to Woody Kahn, chief...
- Research articles 2006-09-01
- CAVANAGH (CVH).
- Each of Cavanagh's consultants earns the company GBP190,000 a year or so in revenue from a high-net-worth clientele. But the group is still losing money and needs to get a grip on costs. To do that, it has streamlined its back office following the GBP3m takeover...
- Research articles 2006-07-21
- News: Royal London chooses HSBC.
- JPMorgan has lost control of back office business worth GBP21bn following Royal London Asset Management's RLAM appointment of HSBC Securities Services to take over its custody operations. RLAM will retain JPMorgan for unit trust accounting but HSBC takes over global custody, securities lending and...
- Research articles 2006-05-29
- Supplement: Technology - Time for an electronic checkup.
- Byline: Will Hadfield Financial advisers are increasingly being offered electronic data feeds from product providers that could enable them to renovate their businesses. Product providers have set up four different types of electronic services for independent financial advisers IFAs over the...
- Research articles 2006-04-01
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