GlobeOp Financial Services (LSE:GO.) has successfully completed an independent examination – SOC 1 in accordance with SSAE No 16, (formerly SAS 70) and ISAE 3402 Type ll – of its middle and back office, fund administration and transaction solutions services.
A Big Four auditing firm examined the design and operating effectiveness of specified controls for the period from October 1, 2010 to September 30, 2011 at all 10 GlobeOp offices on three continents.
The Cost of Central Counterparty Clearing (Commentary via the Podcast)
In a DerivSource podcast, two derivatives experts review the cost of central clearing OTC derivatives contracts including…