T+1: How a reduced settlement window will impact data
Posted: 02/10/2023 | Read time: 4 minutes In the third issue of our blog series on T+1 settlement, AutoRek Product Manager Murray Campbell discusses some of the key impacts a reduced settlement window will have on data. From May next year, the settlement cycle for US security trades will shorten from T+2 to T+1…
On-demand webinar: CASS Guide: Current landscape and delivering automation
Despite CASS regulations being in place for around two decades, 98% of investment executives in the UK say that CASS compliance remains a significant focus for their firm’s senior management team. To help your firm stay on top of all things CASS, watch AutoRek and Goodacre’s joint webinar: CASS Guide: Current landscape and delivering automation.…
AutoRek 3 minute CASS demonstration
Designed by in-house regulatory experts, our CASS data governance platform is designed to eliminate the manual work required for compliance with the FCA’s CASS rules. Through automation, our CASS platform is designed to simplify your custody asset reconciliations and guarantee data integrity. AutoRek runs simultaneous reconciliations for multiple legal entities and business units to eliminate…
T+1 settlement: The challenges facing asset managers with FX exposure
Posted: 11/09/2023 | Read time: 3 minutes AutoRek’s Murray Campbell explains the knock-on effect moving to T+1 settlement for US securities will have on foreign exchange for institutional investors. From May next year, the settlement cycle for US security trades will shorten from T+2 to T+1 – reducing the two-day window to complete…
T+1 settlement: What you need to know
Posted: 21/10/2023 | Read time: 3 minutes In the first of a blog series on T+1, AutoRek’s Senior CASS Consultant Murray Campbell talks through the new settlement changes in the US, anticipated changes in the UK, and what firms can do to ensure they are ready. Over the last 40 years, we have seen…
Asset management operations: How to improve your processes
Posted: 14/10/2023 | Read time: 3 minutes Asset management firms are currently navigating many industry changes and challenges. According to a recent PwC survey, firms face market volatility, high interest rates, and pressure on fees. These conditions could see one in six firms ‘swallowed up or fall by the wayside in the next five…
Key points from the FCA’s latest Market Watch Newsletter
Posted: 26/07/2023 | Read time: 3 minutes In its latest newsletter, issued on 25 July, the FCA talks about RTS 22 transaction reporting and the submission of financial instrument reference data under RTS 23. The regulator raises issues that investment firms, credit institutions, trading venues, systematic internalisers (Sis) and approved reporting mechanisms (ARMs) should…
CASS 7: How to avoid breaches when using PSPs & e-money firms
Posted: 14/07/2023 | Read time: 6 minutes The payments industry has boomed in recent years. Firms in this space are some of the most technologically advanced organisations across financial services. These innovations mean Payments Services Providers (PSPs) can facilitate client payments in high volumes, so it’s becoming common for investment businesses to use PSPs…
Transforming reconciliation processes for STANLIB, South Africa’s leading asset manager
STANLIB, a prominent asset management firm with over R600 billion under management, faced operational bottlenecks due to manual, Excel-based reconciliation processes. As transaction volumes surged, the risk of manual error grew, and the firm required a flexible solution to support its ambitious expansion. They needed a tool to automate repetitive data work and unify departments…
AutoRek named Best CASS Solution for fourth-year running
Posted: 26/06/2023 | Read time: 2 minutes AutoRek, a leading software provider for the financial services sector, was recognised at the Systems in the City Fintech Awards 2023, with the business and its Head of Compliance both winning top prizes. The fintech won Best CASS Solution for the fourth year in a row at…