As APAC Financial Institutions continue to evolve at an accelerated speed, they will need to adapt to be more efficient and scalable in order to future-proof. The most resilient Financial Institutions will likely be those who can efficiently, effectively and securely enhance their client experiences as well as improve internal operational efficiencies with a combination of digitization and automation.
Allocation to private markets in Australia, and Asia Pacific generally, is ramping up. With asset owners increasingly eyeing private assets as a means to augment their income returns, new funds are stepping in to meet investor demand and the middle market funding gap left by banks. How do managers distinguish themselves in order to win mandates from investors?
Understanding the impact of corporate actions is necessary when contemplating the right investment strategy. This impact is driven by timely awareness, accuracy, and attention to detail. In this blog, IHS Markit's Managed Corporate Actions™ will discuss some of the most dominant corporate actions announced each month and the roles they take in the marketplace.
Agent and party submission for Loan Reconciliation have risen rapidly over the past 12 months and I am pleased to report that in April 2021 we hit a new record, almost doubling the submissions we saw in April 2020. The huge increase is a result of the mass adoption we have witnessed as lenders have looked to cut out the white noise associated with reconciling their positions to agents.
Previously, he was the firm's global head of Pricing and
Reference Data, an award-winning set of services providing
independent pricing and market data to help financial institutions
manage risk and operations effectively. As a senior leader, Mr.
Tran has been involved in multiple acquisitions in the IHS Markit
pricing, indices and loans businesses. He had joined Markit in 2005
to run North American credit operations and build the firm's
comprehensive services for the syndicated loan market. He started
his career as a fixed income analyst at BlackRock. Mr. Tran
graduated magna cum laude with a degree in economics and business
management from Binghamton University in New York, United
Mr. Allen is a member of the global benchmark reform program at
IHS Markit and is also Global Head of Term Risk Free Rates
(TRFR).Previously, he served as Head of Financial Markets APAC and was
responsible for leading and growing the IHS Markit Financial
Markets business across Asia-Pacific. Mr. Allen has an accounting
and OTC derivatives background and has worked extensively on
regulatory impact to develop innovative products to meet regulatory
change. He has over 20 years experience in the financial services
industry covering cash, derivatives and alternative assets markets
across a variety of roles. Mr. Allen has worked in London,
Singapore and currently based in Sydney and spent the last decade
focusing on Asia-Pacific market development.
He is responsible for the franchise across Asia Pacific, including
all expansion into China and India. Mr. Chesser joined the firm in
2012 from Fidelity International, where he was COO for Fixed Income
based in London. He was the Accountable Executive for a major
technology re-stack including risk management and trading. He
worked at J.P. Morgan from 1997 to 2002 in London, New York and
Milan and was co-head of fixed income operations from 2000. Mr.
Julian Chesser holds an LLB from the University of Warwick, UK, and
completed his bar finals in London.
Mr. Cheung is responsible for driving automation and efficiency
for clients to meet onboarding and regulatory requirements through
Counterparty Manager, IHS Markit's platform for counterparties to
manage regulatory data and share entity information. Prior to IHS
Markit, Mr. Cheung was a consultant, specializing in designing and
implementing financial risk systems. His expertise spans KYC,
compliance, reference data, risk systems, and workflow management.
Mr. Cheung holds a masters degree in Investment Analysis from
University of Stirling, UK. He speaks Chinese Cantonese and
Mr. Muncaster's areas of focus include FATCA, CRS, QI reviews
and remediation, mergers and acquisitions, structuring, advising on
the taxation of financial arrangements including foreign exchange
transactions and capital instruments, as well as the audit of
taxation and tax reporting.Prior to joining IHS Markit, Mr. Muncaster was with PwC
Singapore, Australia and UK. Mr. Muncaster has worked extensively
with financial institutions in Australia, Singapore and Hong Kong
on the implementation of FATCA and CRS programs and has extensive
experience in conducting QI reviews.