The FTF Exchange Podcast

From Sticky Notes to Success Stories: What It Really Means to Mentor the Next Generation of Capital Markets Professionals by FTF News

In this episode, FTF’s Maureen Lowe explores how artificial intelligence is transforming asset management. She’s joined by Madhu Rojukhirdu, Head of Fixed Income Performance Attribution and Global Benchmark Data at AllianceBernstein, and Che Guan, Principal Data Scientist, who leads the implementation of AI models that are redefining how AllianceBernstein delivers insights to clients. Together, they discuss how AI is reshaping investment strategies, improving operational efficiency, and tackling data management challenges. In this enlightening (and occasionally jargon-filled) conversation about AI, Madhu and Che demystify how machines are now drafting client commentaries without causing compliance panic attacks. You'll learn why "garbage in, garbage out" also applies to fancy AI, discover the strange world of "robots training robots," and hear why your job is probably safe—though your tedious tasks may not be. Wondering if AI will be your new assistant or even your new boss, then this episode's for you (spoiler: it's the former...for now).

In this episode of the FTF Exchange Podcast, host Maureen Lowe sits down with Dawn Pischetola, Director of Investment Operations at Olmstead Associates, for her perspectives on why reconciliation processes—often overlooked but crucial to operational success—are now at a turning point in asset management. With transaction volumes surging and legacy systems struggling to keep pace, what does the future hold for firms still clinging to spreadsheets and manual processes? Dawn brings 25 years of front-to-back office expertise to address the pressing question: How can asset managers transform their reconciliation operations without disrupting their business? What you'll discover: • Why there a staggering number of asset managers still rely on Excel-based reconciliation processes—and the hidden risks (and costs) this creates • Insights on why firms might hesitate to modernize their legacy systems despite growing operational pressures • How AI is emerging as an "operations companion" rather than a replacement for skilled professionals • The unexpected challenges that arise when untangling years of customization during system implementations • Practical insights on building a successful business case for reconciliation transformation • Critical advice for firms facing the "reconciliation reset" as they navigate increasing data complexity and regulatory demands Whether you're considering a reconciliation system upgrade, curious about AI's potential impact on your reconciliations processes, or simply interested in how back-office transformation is evolving, this conversation offers valuable perspectives from someone who has guided numerous firms through these transitions. Show Notes: Download the survey referenced in this episode, The Tipping Point for Asset Management Operations: https://www.ftfnews.com/FTF-Research-Institute/the-tipping-point-for-asset-management-operations-the-rising-costs-of-operational-complacency/ Register for the webinar Dawn is moderating, Reconciliation Reset: The Shift from Liability to Operational Excellence: https://event.on24.com/wcc/r/4882217/F1A1671736DF17D411B4D33B678F252A?partnerref=Dawn_Podcast

In this podcast episode, Todd Juillerat, chair of the upcoming PMCR conference in New York City, shares his extensive experience and insights into the performance measurement and client reporting space. Drawing from his career trajectory that began in fund accounting and led to performance analysis at major institutions including JP Morgan, Juillerat discusses the evolving landscape of performance measurement and reporting. Key discussion points include: • The increasing convergence of performance measurement, client reporting, and risk management functions • Todd’s career and industry involvement, including the CFA Institute • Current industry trends around A.I., • Todd’s pick of PMCR conference highlights and reasons to attend the show. The discussion emphasizes the interconnected nature of performance measurement within investment management firms, highlighting how the role serves as crucial connective tissue between various departments including operations, sales and marketing, executive management, and compliance.

In this episode of the FTF Exchange Podcast, host Nick Holland speaks with Hermine Wong, a lecturer at UC Berkeley School of Law and former policy leader at Coinbase, to discuss the evolving regulatory landscape of digital assets and financial services. Wong reflects on her career journey, highlighting the intersection of law, technology, and finance, and how her early exposure to the internet’s democratization shaped her approach to crypto regulation. The conversation delves into the shifting regulatory dynamics under the Trump administration, comparing it to the previous Biden administration’s slower, report-driven approach. Wong cautions that while the current administration appears more open to crypto, its regulatory efforts may favor a select group of industry players, creating barriers rather than fostering true democratization. Further, Wong examines systemic risks, market volatility, and fraud in digital assets, explaining how financial firms can navigate regulatory uncertainty. She predicts that regulators will prioritize oversight where they have the most data, focusing on major cryptocurrencies like Bitcoin and Ethereum while monitoring broader market risks. Wong stresses that while volatility itself isn’t inherently harmful, fraudulent activities within the crypto space could have far-reaching consequences. For financial firms looking to future-proof compliance strategies, Wong advises against chasing hype, urging them to apply traditional financial risk management principles to digital assets. She underscores that crypto will not receive a regulatory free pass, and firms should continue to uphold robust compliance measures as they integrate these new asset classes. The episode offers insightful perspectives on the evolving regulatory climate, the role of financial institutions, and the future of digital asset governance, making it a must-listen for professionals navigating the intersection of finance, law, and technology.