TSAM speaks with Electra’s Paul Chung about trends and challenges in investment management operations, and how asset managers can make their reconciliation function smarter.
VIDEO: Smart Reconciliation with Paul Chung and TSAM
VIDEO: Top 10 Reconciliation Capabilities - TSAM Digital: Tech Show
As the volume of trades and complexity of investment strategies increases, so does the need for technology that can foster greater efficiency and collaboration, and deliver more buy-side specific automation.
Watch Paul Chung and Todd Sloan from Electra discuss the top 10 technology capabilities buy-side investment managers need in order to achieve more efficient reconciliation and exception management.
Electra: Ops Spends Too Much Time On Exceptions: Q&A
Following Electra's Best Reconciliation Solution fifth consecutive award in the 2020 FTF News Technology Innovation Awards, FTF News interviewed Todd Sloan, Senior Vice President, Business Development and Product Management for Electra.
Sloan explains why Electra is focused on helping Ops teams that “spend an excessive amount of time on investigating exceptions,” and on related challenges.
Acceptance Speech: 2020 FTF Award for Best Reconciliation Solution
Senior Vice President of Client Services, Paul Chung, gives a virtual acceptance speech on Electra's FTF News' 2020 Technology Innovation Award win for Best Reconciliation Solution.
Electra Short-Listed for Best Reconciliation Solution in 2020 FTF News Technology Innovation Awards
Electra has been short-listed for a 2020 FTF News Technology Innovation Award in the category of “Best Reconciliation Solution.” Voting for the 2020 FTF Awards will end May 15, 2020. Click here to cast your vote.
Electra Named a Top 3 Provider of Fee Billing Solutions in the Bobsguide Rankings 2019
Electra was ranked third in the Bobsguide Rankings 2019 in the Fee Billing category for Electra Billing, out of 20 companies nominated for this category. The rankings were announced on November 21, 2019 and included 574 nominated companies across 36 categories.
Electra: Establishing a Central Data Repository
At InvestOps Europe last month, Global Custodian sat down with Paul Chung, Electra's SVP of client services, to discuss Managed Services trends among buy-side investment managers, and the upcoming Electra Reconciliation 6.0 release.
Electra Reconciliation Update Will Use Machine Learning: Q&A
FTF News - by Eugene Grygo
Following Electra's win of the 2019 FTF News Technology Innovation award for Best Reconciliation Solution (its fourth consecutive win in this category), FTF News got time with Todd Sloan, Senior Vice President, Business Development and Product Management for Electra. Sloan says that the next release of the vendor’s flagship offering will feature machine learning and a fuzzy matching algorithm.
Bad Recs Can Halt Front Office Growth: Q&A
FTF News by Eugene Grygo
John Landry, CEO of Electra Information Systems, talks to FTF News about industry issues and why the company won the Best Reconciliation Solution award for the third time in a row in 2018.
(Growth can be a double-edged sword for some securities firms as it will bring in new revenues and the potential for more profits. However, incumbent systems and operations will have to be adjusted to meet the new demands of the front office. So says John Landry, CEO of Electra Information Systems, in an interview with FTF News. The need to scale operations to manage the growing demands of portfolio managers and others in the front office has been a big driver for overhauls of reconciliation systems. Landry spoke to us about Electra's selection as Best Reconciliation Solution for three years in a row, and other matters.)
Cardano Implements Intraday Recs via Electra Upgrade
by Eugene Grygo
London-based Cardano Risk Management Ltd., a specialist fiduciary manager, has made the move to intraday reconciliation and reports that it is saving time and money via the more efficient operation. Part of the Cardano Group, the asset manager serves pension funds, insurance companies and other organizations. The London branch has been using a recs offering from Electra Information Systems since November 2016, says Freddy Roddenhof, head of U.K. operations at Cardano, in response to questions from FTF News.
But, about a year later, the firm moved up to the “new Electra intraday reconciliation functionality,” which was implemented in September 2017. Cardano is “the first to implement this functionality,” Roddenhof says. The firm decided to transition to the Electra Reconciliation offering to facilitate intraday reconciliation as a way to combat inefficiency and mitigate the risk that is inherent in waiting a day or so to resolve exceptions. Intraday reconciliation has become more appealing to financial services firms as they increase the frequency of processing reconciliation data and want to move beyond overnight file processing.