Driven by parent company objectives for cost containment, global asset management, and enterprise security as part of a global infrastructure shared services initiative, our Client, a large property and casualty insurer, wanted to consolidate their nine data centers into two to reduce the overall data center footprint, retire toxic legacy<span. . .
Tagged in: Aligned Enterprise, Financial Services, Optimized Operations, Program Execution, Technology
Our Client, a large property and casualty insurer within a larger international conglomerate, experienced financial challenges that necessitated the sale of a number of business lines and a significant restructuring of others.
Our Client, the Treasury Cash Management and Control team of one of the largest health insurers in the country, is responsible for daily management of operating bank account balances, funding of disbursement accounts, and timely communication of excess or deficit balances to Investment Operations.
Held on December 5th, this was a very well-attended conference of industry participants and regulators. The key note speaker, Kevin Mahn, Chief Investment Officer for Hennion and Walsh Asset Management, presented the potential impacts on investment management returns of recent global political invents (e.g., US Presidential Election, Italian Referendum rejection,<span. . .
Beginning in 2009, the Department of Labor undertook a multi-year regulatory project to address the problems with conflicts of interest in investment advice, balancing the need to better protect retirement savings while minimizing disruptions to the many good practices and good advice that the industry provides.