Healthy activity and better technology in fixed income

While fixed income offers risk-averse investors a certain sense of safety during economic downturns, it is curious why their interest in bond funds has not waned. The stock markets have rebounded, many company share values are at all-time highs and the Federal Reserve has discussed raising interest rates, yet investors are still unwavering in their…

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An Easter meal with the homeless of San Diego

Organizations that engage in corporate social responsibility demonstrate an awareness of two important truths: Companies are part of a larger community and operating a business is just as much about giving as receiving. In this spirit, Black Mountain Systems’ San Diego office participated in volunteer efforts with the San Diego Rescue Mission, a nonprofit homeless…

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Modernizing fixed income markets

Fixed income has always faced the problem of having too many manual processes. Additionally, compared to the stock market, it generally lacks transparency, with respect to asset pricing and inventory. Now, thanks to partnerships in the financial sector and innovative software solutions, information gaps are being addressed. Improving inventory sourcing and communication in fixed income…

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Banks realize the importance of FinTech

Financial technology companies are now beginning to receive major funding from Wall Street. Addressing the lack of technological innovation in the finance industry, FinTech startups emerged to improve the way money is invested, managed and accounted for. At first, Wall Street banks considered FinTech startups a drain on their revenues, but that perspective has since changed.…

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Black Mountain Systems Acquired By Stone Point Capital

SAN DIEGO, CA, March 31, 2015: Black Mountain Systems, a software company that develops innovative data and process management solutions for asset managers and financial institutions, announced today that it has completed a majority recapitalization. The transaction was led by Black Mountain’s management and funds managed by Stone Point Capital, which is a leading private equity…

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Job demand in FinTech reflects the industry’s rapid growth

Job growth is one of the best indications that a particular industry is expanding quickly. That is the case with FinTech, which is now witnessing high levels of interest on the employment front. Today, many financial executives are leaving their companies to find work at technology startups. FinTech is a digital revolution that can transform…

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Financial technology may soon outperform human asset managers

The head of a sizeable hedge fund believes that human asset managers may soon be replaced by new technology. Trading systems and computer modeling have always had a place in the world of finance, but not with the purpose of supplanting humans. Are computers better at making investment decisions? CNBC reported that Leda Braga, head…

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Fixed income investors look for transparency

Newly-established bond trading platforms and recent investment activity in fixed income indicate there is a pressing need for transparency. Fixed income continually offers better trading and pricing practices, which are often the result of developments in the FinTech industry. A modern bond trading venue Banking Technology reported that a new trading venue called OpenBondX aims…

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Financial technology startups are moving onto bank territory

The growth of the FinTech industry has been aided by the fact that in recent years banks and financial institutions have not been able to keep up with the pace of technological change. Many innovators, startups and entrepreneurs have been quick to develop their own solutions in an effort to address certain weak-points or improve…

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Companies in FinTech understand employee engagement

Employee engagement is a crucial ingredient in the recipe for success. If staff members are not treated like stakeholders in an organization, productivity and morale suffer. One survey found that employee engagement around the world is currently at a low-point. Interestingly, the FinTech industry is one place where that is not the case. Black Mountain Systems shows other…

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