Change is Happening. Now.

Change is Happening. Now.
The DOL fiduciary ruling is fundamentally altering the financial industry. Are you prepared? There’s an urgent need for business strategy development in this ever-fluid environment. Be sure to have your game plan in place before the final ruling takes effect.

Quick Take | The Transfer Agent of the (Near) Future

Quick Take | The Transfer Agent of the (Near) Future
At the NICSA Strategic Leadership Forum in February, in a breakout session on “Put On Your Seat Belts, It’s Going to Be Quite a Ride!,” representatives from Betterment, KPMG, State Street and session sponsor Boston Financial Data Services talked about megatrends in the fund industry and their implications for service providers. Here’s the quick take from that session.

Quick Take | 4 Keys to Effective Oversight Programs

Quick Take | 4 Keys to Effective Oversight Programs
At the NICSA Strategic Leadership Forum in February, in a breakout session on “End to End Oversight: From Board to Back Office,” representatives from Harding Loevner, Carne Global Financial Services and session sponsor Northern Trust talked about how collaboration is key to oversight programs that span multiple products and jurisdictions. Here’s the quick take from that session.

Quick Take | Facing Down the Fund Industry’s Revenue vs. Cost Dilemma

Quick Take | Facing Down the Fund Industry’s Revenue vs. Cost Dilemma
At the NICSA Strategic Leadership Forum in February, in a breakout session on “‘Modernized Operations -- The Next Wave of Efficiency,” representatives from Deloitte, UMB Fund Services and session sponsor SunGard talked about changes in the fund industry operating model. Here’s the quick take from that session.

7 Behind-The-Scenes Initiatives That Will Make the Financial Markets More Transparent, Efficient

7 Behind-The-Scenes Initiatives That Will Make the Financial Markets More Transparent, Efficient
The conversation at the DTCC Client Forum 2015 discussed the value of behind-the-scenes initiatives in increasing market transparency and efficiency, focusing on 7 projects that are currently under way.

Trends in Intermediary Oversight | 3 tips for fund companies

Trends in Intermediary Oversight | 3 tips for fund companies
Omnibus accounts are now the norm for keeping records of shareholder accounts sold through intermediaries. But with a recent focus on intermediary oversight    -- happening just within the past few years -- the policies and procedures that funds and their transfer agents use for monitoring these accounts are still evolving. Ken Larsen, Vice President of Intermediary Services at Boston Financial Data Services, summarized trends in intermediary oversight on a NICSA webinar held in November 2014.

The crazy mixed up world of unclaimed property

The crazy mixed up world of unclaimed property
Representatives from Georgeson, Prudential and UPRR explained at the NICSA General Membership Meeting, held in Boston on September 11-12, paying attention to just the SEC standard will get an asset manager in trouble with 4 out of 5 states when it comes to unclaimed property.

Alts Ops | The 80s called — They want their processes back!

Alts Ops | The 80s called — They want their processes back!

At the recent NICSA GMM, one session was devoted to the operational implications of alternatives. The panel, comprised of representatives of DST Systems, ALPS Fund Services, Franklin Square Capital Partners and BNY Mellon, focused on transfer agency operations and the challenges brought by alternatives investments.

Guest Blog | Asset Managment Industry Trends

Guest Blog | Asset Managment Industry Trends
This blog post is written by a guest contributor for the NICSA News blog. The rise of global ‘Megatrends’ I have been fortunate to work with great clients through interesting times in the Asset Management industry over the last 20 plus years; however, the change we are experiencing in the most recent of those years has been at a rate I don’t think anyone could have anticipated.

Morningstar: What Drives Alternatives Funds Ratings?

Morningstar: What Drives Alternatives Funds Ratings?

How does Morningstar’s rating process work? How are funds categorized? With the advent of liquid alternatives funds, the answers have become more complex. At the NICSA General Membership Meeting earlier this month, Josh Charlson, head of alternatives fund analysis for Morningstar, gave attendees a peek under Morningstar’s hood.

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