Information Mosaic Explores Responsibility for Sub-Custody and Depository Risk at NeMa 2010
CEO John Byrne to discuss opportunities for custodians to assume new role at heart of risk surveillance
LONDON, June 9 /PRNewswire/ -- Information Mosaic, the global provider of post-trade automation solutions, is speaking on who should carry responsibility for sub-custodian and depository risk at NeMa 2010, 9-10th June, Malta. The presentation forms part of the larger theme 'realigning your network in the emergent world order' at the sub-custodian network management event, and will explore a new approach to custodians' business models in order to maintain market relevance and competitive advantage.
The post-crisis move towards greater transparency and maximum disclosure means that custodians are under increasing pressure to provide detailed information, in near real-time, about the multiple counterparties involved in a transaction, ensuring visibility across all sub-custody activities.
At the show's tenth anniversary, John Byrne, CEO of Information Mosaic, will discuss the challenges faced by today's custodian and sub-custodian banks as they review their existing business models. Central to this issue is the question of who should be responsible for sub-custodian and depository risk. John will also outline how custodians can harness their unique position at the heart of so many transactions and investment relationships to monitor and safeguard against risk.
John Byrne's presentation, 'Who should and who will carry responsibility for sub-custodian and depository risk?' will be at 17:10 on Wednesday 9th June. He will be available for interviews prior to and after the session.
About Information Mosaic
Information Mosaic is a trusted global provider of advanced post-trade automation solutions to the securities and investment services industry, including custody, asset servicing, private wealth, asset management and investment banking. The company is a recognized market leader for corporate actions automation, winning the 2009 European Banking Technology Readers' Choice Award for best corporate actions solution and achieving record scores in B.I.S.S. 2009 corporate actions benchmark tests.
Founded in 1997, Information Mosaic currently supports the post-trade operations of over 60 financial institutions worldwide. The company has a proven track record of helping financial institutions transform post-trade operations, enabling them to enter new markets, improve customer service and reduce the risk and cost associated with volume and complex processing. Information Mosaic's breakless post-trade automation platform removes reconciliation points and therefore reduces risk and cost for all core post-trade services including corporate actions, securities settlement, trade, portfolio and cash management.
The company supports its global customer base from offices in Dublin, London, Luxembourg, New Delhi, Singapore, Melbourne and New York.
For more information visit: www.informationmosaic.com
For further information: |
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Nicola Garvin |
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+44 (0)20 3100 3586 |
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SOURCE Information Mosaic
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