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Cantor Fitzgerald completed UK rollout of security processing solution

September 24, 2009 by · Leave a Comment 

Cantor Fitzgerald has reported that it has completed the implementation of the SunGard Phase3 multi-asset, multi-currency securities processing software solution in its United Kingdom locations. The company said it is part of their goal to integrate their US and UK operations to their global securities processing.

Tom Anzalone, senior managing director of global operations at Cantor Fitzgerald, said that the rollout will allow Cantor Fitzgerald to better assess their risks and exposure while streamlining their IT process and ensuring global regulatory compliance.

“With the one Phase3 platform managing our operational data and providing a single source of information to our risk systems, we are able to access risk and exposure information faster and without the need for additional IT resources to support multiple points of integration that tend to complicate and delay the process,” he said.

In addition, Cantor uses SunGard’s Stream Report Writer for generating consolidated reports used to gain a holistic view of trades and transactions, fails and exceptions, risk, and general ledger accounting.

Common Factors Impacting Home Insurance Costs

September 14, 2009 by · Leave a Comment 

When getting a home insurance online quote, you might notice quite a discrepancy between the rates being quoted by different providers. That’s because certain companies place different levels of emphasis on different factors. Here are a few to keep in mind as you search for insurance rates:

  • Claims history: In general, companies will give discounts to people who have a long history of home ownership with little to no claims.
  • Credit ratings: Historically, people with good credit ratings are also less likely to be risks for damages covered by home owner insurance.
  • Home construction: Homes made of solid brick or masonry are more resistant to fire, and therefore a lower risk for fire damage.

Because the factors considered can vary from company to company, it’s a good idea to get as many free home insurance quotes as possible before making a final decision.