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2014-11-20_Petitdejeuner_Produits_EN.pdf. CACEIS NEWS 40 EN. Can custodians reinvent themselves as networked data businesses? 05 Dec, 2014 What is the future operating model of the custody industry?

Can custodians reinvent themselves as networked data businesses?

A presentation by Dominic Hobson at the Global Custody Forum in London on 2 December 2014. This song was recorded by a band called The Specials in 1979. I chose to play it this morning not just because I have not listened to any popular music since I was 21. Nor because the words seem eerily relevant to an audience of bankers. “You are wondering now, what to do, now you know this is the end.

As somebody said to me last night, it would be appropriate to play it at the funeral of a banker. And we may be about to attend exactly that – metaphorically speaking. For the story of The Specials provides a cautionary tale for Custodians. A couple of years ago I ran into the remnants of The Specials in the departure lounge at Porto airport in Portugal. As usual, the inbound Easy Jet flight was delayed, so we had plenty of time to talk.

They had just performed at a music festival in northern Portugal. Why? There is a reason for that. La nouvelle arme des banques pour contrer Bloomberg. La Bourse de New York le 13 novembre 2014 ( Getty Images/AFP / Slaven Vlasic ) Une petite révolution se profile dans les salles de marché: une jeune entreprise créée par des poids lourds du monde bancaire s'attaque au géant Bloomberg en lançant un service de messagerie, l'outil qui a fait le succès du spécialiste des données financières.

La nouvelle arme des banques pour contrer Bloomberg

Dans ce milieu où les informations sont trop sensibles pour s'échanger via les modes de communication classiques et où quelques secondes de retard peuvent coûter des centaines de milliers de dollars, l'initiative n'a rien d'anecdotique. Pour s'y attaquer, Symphony, société américaine créée par 14 banques dont Goldman Sachs et Deutsche Bank, a mis 66 millions de dollars sur la table pour racheter Perzo, une messagerie "intelligente" et ultra-sécurisée mise au point par le français David Gurlé.

De passage à Paris pour démarcher les banques françaises, M. CACEIS complète sa plateforme d’Asset Servicing avec une offre d’exécution - Merkur - CorporateNews. CACEIS a développé une offre de services qui lui permet d’être la contrepartie unique des sociétés de gestion, des banques et des investisseurs institutionnels, de l’exécution de leurs ordres jusqu’à la tenue de compte-conservation de leurs actifs Avec la solution « Execution to Custody », CACEIS donne à ses clients les moyens d’allouer leurs ressources à leur coeur de métier, qui est d’optimiser leurs décisions d’investissements, en bénéficiant d’une chaîne de traitement post-trade efficace, sûre et conforme au cadre réglementaire Hubert Montcoudiol, membre du comité exécutif du groupe CACEIS.

CACEIS complète sa plateforme d’Asset Servicing avec une offre d’exécution - Merkur - CorporateNews

Central banks

Asset Management. Réglementation. IPO. Commodities. Bond Market. Equities. FX. Banks. Emerging markets. Lire en ligne L'essentiel du postmarché - OST – Opérations sur titres. OST – Opérations sur titres Définition préalable indispensable : néant.

Lire en ligne L'essentiel du postmarché - OST – Opérations sur titres

Anglais : corporate actions. Une OST est un événement affectant la vie d’un titre. Bourse : les 5 questions qui inquiètent les marchés financiers. La correction s'amplifie sur les marchés financiers en Asie, en Europe et aux Etats-Unis.

Bourse : les 5 questions qui inquiètent les marchés financiers

Après l'euphorie de 2013, les investisseurs en proie aux doutes, prennent des bénéfices. The capitalist network that runs the world - physics-math - 19 October 2011. AS PROTESTS against financial power sweep the world this week, science may have confirmed the protesters' worst fears.

the capitalist network that runs the world - physics-math - 19 October 2011

An analysis of the relationships between 43,000 transnational corporations has identified a relatively small group of companies, mainly banks, with disproportionate power over the global economy. The study's assumptions have attracted some criticism, but complex systems analysts contacted by New Scientist say it is a unique effort to untangle control in the global economy. Understanding financial reports. Www.stanford.edu/class/msande271/onlinetools/HowToReadFinancial. The Financialist. Zero-Commission Stock Trading App RobinHood Kicks Off Private Beta. RobinHood is about to let anyone buy and sell stocks for free instead of having to pay E*Trade or Scottrade $7 per transaction.

Zero-Commission Stock Trading App RobinHood Kicks Off Private Beta

Today RobinHood begins inviting the 160,000 people who’ve signed up to download its glossy new app where you can efficiently track and trade stocks. “It’s by far the most beautiful brokerage app, though that’s not saying much” co-founder Vlad Tenev jokes. But while RobinHood makes Wall Street look stylish in your pocket, what’s special is what it does, and does for free. That’s letting you trade stocks with zero commission. You might assume it would cost RobinHood money to execute trades, but in fact it can make money by moving yours around.

Those who want their trading for free can sign up for RobinHood and expect an invitation email over the next few weeks to months. RobinHood gave TechCrunch the first look at its new app, and its investor Google Ventures‘ attention to design is readily apparent. RobinHood says it will never charge for trading. Future of Finance - Quartz. This morning Canadian pharmaceutical company Valeant announced it is attempting to buy Botox-maker Allergan.

Future of Finance - Quartz

Activist investor Bill Ackman’s hedge fund Pershing Square Capital Management is supporting the deal by buying 9.6% of Allergan. (Here’s a good explainer of the very unusual partnership between a hostile corporate acquirer and an activist.) Today, Ackman revealed his rationale for supporting the deal and getting involved with Valeant in a presentation which draws heavily from The Outsiders, a 2012 business book by William N. Thorndike. (Not to be confused with the coming-of-age novel with the same title by S.E. The book is a favorite of activist investors (paywall) and was recommended by Warren Buffett in his 2012 shareholder letter. It profiles eight CEOs whose companies massively outperformed the market (including Buffett) and who all exhibit similar behaviors, which Ackman listed in a slide in his presentation:

Guillaume Eliet : « L'effet risque d'être pire que le remède », Gestion d'actifs. Société Benoît Hamon veut en finir avec les notes qui « paralysent »... + VIDEO Benoît Hamon ouvre mardi la Conférence nationale sur l’évaluation des élèves.

Guillaume Eliet : « L'effet risque d'être pire que le remède », Gestion d'actifs

Capital Markets News. Philippe Waechter - Natixis.