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Posted on February 6, 2025
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The financial advisory industry is undergoing a significant transformation, driven by technological advancements and evolving client expectations. Model B operations, a systematic framework for optimizing processes, leveraging data, and integrating cutting-edge technology, have emerged as a game-changer for wealth and asset managers. In the UK, where the industry is poised for growth, adopting Model B operations offers substantial competitive advantages. Key Advantages of Model B Operations Enhanced Operational Efficiency | Model B...

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Posted on November 19, 2024
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Corporate actions are critical events in financial markets that impact investments, influencing portfolio valuations, client decisions, and operational processes. For wealth managers, ensuring timely and accurate handling of these events is essential to maintaining trust, minimizing risks, and ensuring client satisfaction. In the UK, the wealth management sector faces strict regulatory oversight to mitigate risks associated with corporate action defaults. the Financial Conduct Authority (FCA) has been actively focusing on operational...

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Posted on November 6, 2023
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Model B clearing is an old arrangement that allows executing brokers to give up trades on the London Stock Exchange to a clearing member for settlement. This way, the executing brokers can outsource counterparty risk and focus on their core competencies. However, Model B clearing has evolved over time to offer more than just risk management. It has become a comprehensive service that can help wealth managers navigate the changing...

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Posted on February 9, 2022
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The great wealth transfer and digitalisation pose an interesting challenge for family offices- how to manage operations to meet the expectations of sophisticated, multi-generation families, where each stakeholder might have vastly different expectations. A recent survey found that - 37% of family offices said managing the multi-generation family clients is one of their biggest issues and challenges and 21% cited technology, IT, and cybersecurity as key challenges this year and the next The next generation i.e.,...

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Posted on December 11, 2021
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Over 4 million corporate actions are processed per year, growing by 12% per year on average. Corporate Actions: they are integral, essential, and increasingly a bar to growth. The risks and costs associated with manual corporate actions discussed previously, illustrate the need for firms to revisit their corporate action processing to ensure it is appropriate for the current – and future - environment. We have seen significant capital investment recently; driven by regulation such...

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Posted on October 20, 2021
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Contemi Solutions won three awards at the 2021 WealthTech Asia Awards, hosted by WealthBriefing. Tom Burroughes, Group Editor at WealthBriefing Asia, talks to Gaurav Mehta, Executive Director- Global Head of Sales at Contemi, about Contemi’s hat trick win, award-winning qualities and how it intends to remain on the front foot. What has particularly marked you out for success in this category? In the last year, more than ever, when investors needed timely access to...

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Posted on September 1, 2021
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We thrive in a world of high-speed scrolling and swiping. Investors today have access to monumental amounts of information, but time is a huge constraint. In effect, “mobile” provides a perfect solution to offer ease of access and keep customers connected from anywhere at any time. Wealth managers in the Asia Pacific must focus on building omni-channel capabilities. It enhances advisor efficiency and the client journey considering that your larger...

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Posted on July 19, 2021
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Corporate actions processing has long been a byword for a manual, inefficient, and risk-prone function in the securities industry. While technology vendors have made great strides in overcoming the challenges of processing corporate actions, firms have defied the general trend toward automation, and rates of STP have remained stubbornly low. Mandatory events are often well automated, with higher STP rates. However, event complexity, data inconsistency, and the number of internal/external touchpoints...

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Posted on June 22, 2021
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73% of the industry think corporate actions are a challenge. If you are one of the 73% you are not alone. If you look around, the chances are that you will see most of your industry peers here. 32% of firms still process more than 50% of their corporate actions manually- illustrating the extent to which day-to-day operations remain heavily contingent on human intervention. This is not surprising. Corporate action processing is...

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