First, liquidity, as always, remains a top priority (at least in determining where orders are routed). When decisions are made on where and how to direct orders, a driving focus will always be...

Hope and lofty expectations for change were at the heart of corporate bond market innovation conversations a decade ago. Today, many of those hopes and expectations have become reality and, in...

It’s time for commercial banks to switch from defense to offense. Throughout 2020, work-from-home requirements and the challenge of supporting existing clients through the COVID-19 crisis...

While financial markets were disrupted in 2020 along with the rest of the world, transactions continued despite the market’s complexity—in some cases at a record pace. The Fed helped a little, as...

Climate change is a slow-burning crisis that is transforming the investment landscape. Over half the 101 global institutional investors participating in a new joint PGIM-Greenwich Associates...

The lines between the portfolio management system (PMS) and the order management system (OMS) are getting blurrier by the day. This is partially due to the rise of software as a service (SaaS)...

The personal loan market proved remarkably resilient over the past year, despite early concerns that the COVID-19 crisis would create a spike in defaults. Government intervention and the...

In the fall of 2020, the SEC proposed new rules to enhance oversight of electronic execution venues trading U.S. Treasuries and U.S. agency securities. While the “flash rally” of 2014 drove the...

When the magnitude of global events and a sudden shift to home working environments unfolded in early 2020, financial firms found their compliance systems and practices under a spotlight. With...

Client segmentation is a fundamental tool to improve profitability in most industries, yet it remains woefully underutilized by asset managers. Why is this the case, and what can managers do to...