After almost a decade in the offing, the IFRS 9 Financial Instruments accounting standard will finally become mandatorily applicable for financial services organizations as of January 1, 2018.
Why does this matter?
IFRS 9 marks a major change to the way financial instruments must be treated under the International Accounting Standards Board’s (IASB) accounting principles – principles that many markets around the world have now adopted. So it’s vital firms have the accounting capabilities to be able to comply. Read more ›
The term “operational alpha” crept into our industry’s lexicon a couple of years ago. Borrowing a term we use to denote -superior performance above a benchmark, this twist on “alpha” is about improving operational performance by uncovering hidden cost savings and efficiency gains that boost the bottom line. When people in our business hear the term, they get it right away. What they don’t always get is how to achieve it. Read more ›
On December 4th, in a ceremony at the Marriott Marquis in New York, SS&C Advent took the honors for “Best Collaboration Initiative” in the American Financial Technology Awards. The award recognizes the culmination of an ambitious joint effort between SS&C Advent and long-time client Maitland, a global fund administrator, to develop an end-to-end solution for administering complex hybrid alternative investment structures. Read more ›
Thousands of industry professionals from all facets of the financial advisor industry descended on Chicago’s McCormick Place last week for an action-packed, highly produced Schwab IMPACT 2017, the 26th annual conference. The conference continues to grow in proportion to Schwab’s scale in the RIA space. Read more ›
Behavioral Sciences, as applied to humans, focus on the systematic analysis of the psychology of judgement and decision-making. Behavioral Economics, as applied to “the economic man” or ‘Econs’ examine how investors may diverge from being consistently rational and self-interestedagents, in an attempt to derive the greatest value possible from the least amount of money. Read more ›