With remote work the new normal, cybercriminals are taking advantage of what is likely the most target-rich environment they will ever experience. IT professionals are working overtime to thwart attacks and ensure that companies keep client data and proprietary information secure. During this period of heightened risk, there are simple, as well as complex, measures that firms need to take to keep themselves safe. One of the simplest and most easily deployable security measures is establishing a robust password policy.
Brokers and asset managers alike must provide best execution to their clients, and a big part of best execution is transparency – in process, practice and performance. In fast-moving markets, there are ample opportunities for mistakes to occur, no matter how skilled the trading desk. During post-trade processing, when buyers and sellers match the details of orders, change the record of ownership and make/accept payment for securities, quality execution ensures that these tasks are carried out efficiently, accurately and transparently.