Cybersecurity Can Be Intimidating…But It Doesn’t Have to Be

Oct 16, 2018 10:00:00 AM  |  Data Management

As a follow-up to one of our hottest and most talked about discussions at the 2018 Ultimus Client Summit, Shawn Waldman shares more insightful knowledge and tips regarding cybersecurity. Over the years, cybersecurity has become more and more complex because the threats have also heightened in complexity. Years ago, just installing anti- virus on computers was pretty much sufficient. Then, scanning email for problems was the next iteration. Now, neither of those are adequate even on the most basic level.

Ultimus’ VP and Director of Information Technology, Steve Nienhaus, and Shawn review the top security tips and the concept of the ‘layered approach’ in this Q&A blog post format. Continue reading to learn about the necessary measures you must take in ensuring your business is safe.

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Robots in Fund Administration, Really.

Jun 26, 2018 10:00:00 AM  |  Data Management

An analysis of robotic technology benefits in fund administration for Investment Advisers - which also begs the question - is your service provider employing robots to stay ahead of the technology curve?

The thought of using robots in a data driven business like fund administration can seem strange or out of place on the surface.  Whenever the idea of utilizing robots to improve efficiencies and reduce risk is mentioned, the typical question is ‘What role can robots really play in a business that is driven mainly by the flow of data and information’?  Unlike industries such as the automotive industry where robots play a major role in assembly and quality control, it may seem difficult to draw parallels to robots performing similar functions in fund administration.  Nevertheless, those parallels exist, and robots are starting to play major roles in businesses like fund administration, driven by the flow and analysis of data.  And while the benefits within a service provider, such as increased efficiency, transparency, and reduced risk can be expected, robots also provide benefits for investment advisers through improved data, increased customization, and enhanced and faster delivery methods.

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The Three T's of Middle Office Data

Jul 11, 2017 12:02:19 PM  |  Middle Office , Data Management

When outsourcing your middle office services it’s important that your provider can seamlessly interact and communicate with your data to guide it where it needs to go.  But in a world with multitudes of data languages, formats and mediums, what is required to ensure your data is in the best hands?  At Ultimus, we understand these challenges, and have tailored a strategy to make sure your data moves seamlessly across all stages of its life cycle. Think of it as the three T’s of Data – Translation, Transformation and Transmission

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Is There a Better Solution for Handling Adviser Trade Operations?

Jun 13, 2017 9:20:00 AM  |  Middle Office , Data Management

Trade processing can often be a manual and risk-fraught process that advisers take on themselves.  While at one time that decision may have been reasonable, today there are opportunities for advisers to outsource all that post trade execution processing to a third-party service provider.  This can potentially save money to be invested elsewhere, and just as importantly can reduce a firm’s risk for trade processing related errors.

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