Whenever my mother took any of us kids out clothes shopping, she always made us put on decent outfits. I assumed this was because she didn’t want to drag around a bunch of ragamuffins with her. Years later, blessed with the abundance of wisdom the teenage years provide, I insisted that we wear jeans or ...
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A few years ago, the biggest data problem was trying to get the data into the organization. Now, we find our client firms are inundated with data, and the biggest challenge is distilling it into meaningful information. Since 2008, calculating exposure for issuers and counterparties has become a key mandate for Risk and Compliance. However, the ...
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Lately, many of us in the consulting world have taken to referring to writing automated compliance rules as “coding” the rules. It is shorthand for the tasks involved in taking an English statement from a prospectus, SAI, client agreement or regulation and turning it into a statement that can be processed by an automated trading ...
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It all started out so simply. You are a responsible Compliance Officer, a hard-working Operations professional or a business savvy IT manager and you always pitch in. As the firm grew, the data needs grew and you gladly offered to apply your knowledge to help ensure the firm had the information it needed. The ...
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For this blogpost*, Jane Stabile spoke with Douglas F. MacLean, Managing Member of Armor Compliance. Doug is a former big firm investment management attorney who provides comprehensive compliance consulting services, including serving as the chief compliance officer, to traditional registered investment advisers, private equity and hedge fund managers. What type of registration does our firm ...
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