2015 Outlook: John Landry, Electra Information Systems12.24.2014
John Landry is CEO at Electra Information Systems, a provider of post trade processing systems
What were the major themes of your business in 2014?
Our primary focus in 2014 was helping buy-side managers adapt to a changing environment, from regulatory mandates, including tighter settlement deadlines, to the continued increase in transaction complexity and volume to and increased investor due diligence of internal controls. Electra continued to expand the depth and breadth of our Electra Data network while producing major new releases of FailSafe and Fee Billing.
What are your expectations for 2015?
We anticipate that the buy-side will continue to focus on managing change while seeking to leverage their technology investments. Clients will look to extend their automation of reconciliation beyond traditional custodian reconciliation, incorporating profit and loss, security reference data, and system to system reconciliations into their workflow. We also expect more firms to outsource and automate post-trade related activities in order to satisfy regulatory requirements such as EMIR that place greater emphasis on accountability and transparency.
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