The Back Office - Weekly Update (7/2/23)

Welcome! This week’s news and views below:

• A Guide for Asset Managers Starting an Interval Fund (ssctech.com)

• Five payroll challenges for growing businesses and how outsourcing can solve them - Citco

• Investor Confidence Index | State Street

• Disruptive Forces on Credit Cards, and Changes in the Digital Payment Landscape (bnymellon.com)

• Private Equity Regulatory Update - June 2023 | Davis Polk

• Investment Management Regulatory Update - June 2023 | Davis Polk

• FTC Proposes Sweeping Changes to HSR Rules That Could Substantially Increase Burden, Time to Prepare Filings // Cooley

• Cabinet News & Views (cadwalader.com)

• What to Expect in SEC Rulemaking: Takeaways From the SEC’s Spring 2023 Regulatory Agenda | Insights | Sidley Austin LLP

• SEC to explore rules governing brokers’ use of AI - IQ-EQ (iqeq.com)

• IAA Argues Against SEC Proposals (vigilantllc.com)

• Survey data shows hybrid work persists in the US – but oversight required – Global Relay Intelligence & Practice

• Federal Reserve Board - Federal Reserve names organizations certified as ready for FedNow® Service

• Treliant Takeaway…Federal Reserve Releases 2023 Stress Test Results - Treliant

• Mass Layoffs Still Unlikely in Asset Management (institutionalinvestor.com)

• Fundraising News (dakota.com)

• Data-Driven strategies for cost optimization (vareto.com)

• CFTC issues no-action letter for swap data reporting requirements to ease burden of LIBOR transition - The TRADE

• Confluence Unveils AI Strategy for Investment Management - Traders Magazine

• Buy Side To Deploy New Technology to Achieve Efficiency and Cost Savings - Traders Magazine

• Arcesium and Lionpoint Announce Strategic Partnership » Arcesium

• How Secure is Your Password? (Hint: It's Not as Strong as You Think) (align.com)

• Demand for Integrated Surveillance Skyrockets Amid Regulatory Crackdown – Report Finds (steel-eye.com)

• Unravelling the Attack Surface of AI Systems | Secureworks

• Pay-as-you-go SaaS: Accessing flexibility and cost-efficiency (vendr.com)

• The Third-Party Risk Universe: Top Trends in 2023 | AuditBoard

Thanks for reading,

-B.O.G