21 September 2014

Data Cloud Tech Trends

David Csiki - INDATA

6 | posts 13,301 | views 0 | comments

Compliance: More Important than Ever in 2013

22 January 2013  |  2165 views  |  0

Great article in FundFire assessing the state of compliance and employment opportunities for those with compliance experience. Among the key points made are that compliance is more important than ever and the fact that, with Dodd-Frank, many of the rules have yet to be written, let alone implemented, for asset management firms. The author also succinctly points out the root of the trend towards requiring additional compliance capabilities starting with the financial crisis and also the Madoff scandal being the pivotal event that shook the entire industry and ushered in a new era of compliance with demands for complete transparency from institutional investors.

The article also points out the recent trend of compliance being maintained in-house rather than outsourced. Especially key for a new breed of compliance officers to manage effectively will be the role of technology. Without a centralized technology platform, demonstrating transparency of the investment process is next to impossible. Managing from multiple systems, or even worse, from spreadsheets points to the need for technology platforms that take an expansive view of the investment process so as to create an audit trail of all events in the investment process to demonstrate true transparency.

TagsRisk & regulation

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Latest posts from David

Widespread Adoption of Cloud-Based Technology on the Horizon

26 March 2014  |  2273 views  |  0  |  Recommends 0 TagsTrade executionPost-trade & ops

The Nexus of Applying Experience to Inefficiency

14 March 2013  |  2019 views  |  1  |  Recommends 0 TagsTrade executionPost-trade & ops

Switching OMS's - Not as Daunting as One Would First Think

25 February 2013  |  2339 views  |  0  |  Recommends 0

Increased Transparency: Byproduct of Improving Technology

31 January 2013  |  2249 views  |  0  |  Recommends 0 TagsRisk & regulationPost-trade & ops

Compliance: More Important than Ever in 2013

22 January 2013  |  2165 views  |  0  |  Recommends 0 TagsRisk & regulation
name

David Csiki

job title

Managing Director

company name

INDATA

member since

2012

location

San Diego

Summary profile See full profile »
In the role of managing director, Dave maintains a constant pulse on the changing technology and ...

David's expertise

What David reads
David writes about
David's blog archive
March 2014 (1)2013 (4)2012 (1)

Who is commenting on David's posts