Thu.Dec 19, 2024

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Co-Sourcing for Fund Administration: A Guide to Efficiency & Investor Confidence

E78 Partners

The alternative investment industry is facing rapid transformation. Fund managers contend with increasing regulatory requirements, mounting investor expectations, and the complexities of managing multi-asset class portfolios. At the same time, pressure to reduce operational costs and optimize efficiency continues to intensify, particularly for mid-sized and emerging fund managers.

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Audit fees poised to rise further after 6.4% hike in latest cycle, report says

CFO Dive

Additional pressure on audit pricing is expected to come from regulatory changes on the horizon such as the FASB’s income statement expense rules, FERP reports.

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The Book of Genesis: Wall Street Edition

Barry Ritholtz

I have been playing a lot this year with ChatGBT, and saved some of my favorites. This is one of them: Chapter 1: The Creation of the Market In the beginning, the Trader created the Market and the Economy. The Market was formless and void, and volatility was upon the face of the indices. The Spirit of Investment hovered over the trading floor. And the Trader said, “Let there be Value,” and there was Value.

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Gensler stresses PCAOB’s importance following $400M budget approval

CFO Dive

Trust in public company financials “can easily be taken for granted,” outgoing SEC Chair Gary Gensler warned in a statement on the audit watchdog’s budget.

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Automation, Evolved: Your New Playbook For Smarter Knowledge Work

Speaker: Frank Taliano

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Weak demand results in real yield of 2.121% for 5-year TIPS reopening auction

Tips Watch

By David Enna, Tipswatch.com The U.S. stock and bond markets were sent into turmoil Wednesday by confusing messaging from the Federal Reserve on future inflation and interest rates. As a result, the stock market plummeted and Treasury yields surged higher.

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More Trending

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High interest rates big deterrent for MSME exporte​rs; working with finmin on this: DGFT

CFO News

Director General of Foreign Trade Santosh Kumar Sarangi said that the department of commerce has been "struggling" to convince the finance ministry regarding the relevance of the Interest Equalisation Scheme (IES) and the extent to which it is maintaining manufacturing competitiveness.

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M&A outlook intact despite Fed’s interest rate pivot: PwC analyst

CFO Dive

The Fed is “going in the right direction, albeit maybe not fast enough for some,” PwC’s Liz Crego said.

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Co-Sourcing for Fund Administration: A Guide to Efficiency & Investor Confidence

E78 Partners

The alternative investment industry is facing rapid transformation. Fund managers contend with increasing regulatory requirements, mounting investor expectations, and the complexities of managing multi-asset class portfolios. At the same time, pressure to reduce operational costs and optimize efficiency continues to intensify, particularly for mid-sized and emerging fund managers.

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What is the 'Four Balance Sheet Challenge,' and is India still struggling with it?

CFO News

India's economy, once burdened by a "Four Balance Sheet Challenge" involving banks, infrastructure companies, NBFCs, and real estate firms, has seen a remarkable turnaround. The initial "Twin Balance Sheet Problem" stemming from stressed bank loans and struggling infrastructure projects expanded to include the NBFC and real estate sectors.

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Data Talks, CFOs Listen: Why Analytics Is The Key To Better Spend Management

Speaker: Claire Grosjean

Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.

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Ninja Van boosts financial ops with Workday Adaptive Planning

Future CFO

Since its inception in 2014 with just one delivery van, Singapore-headquartered Ninja Van Group has scaled significantly, employing over 50,000 staff, including delivery personnel. The company provides last mile logistics and package delivery. However, as the company grew, it faced mounting challenges in managing financial planning through manual spreadsheets.

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Former Standard Chartered CFO Gaurav Maheshwari joins InCred Finance

CFO News

InCred Finance, the consumer and MSME lending arm of the InCred Group, has announced the appointment of Gaurav Maheshwari as Chief Financial Officer (CFO), succeeding Vivek Bansal.

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Questek’s Journey: From Projects to SaaS Innovation

CFO Thought Leader

Inside The Mentoring Round , CFO Brian Registe of Questek discusses the integration of SaaS with traditional project-based work, highlighting how Questek balances both business models. He explains the key SaaS metrics they focus on, such as sales pipeline and cycle length, to drive growth. Brian also shares insights on Questeks partnerships with industry leaders like SpaceX and the US Navy, emphasizing the importance of reducing time-to-market and leveraging technology to advance material scienc

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Crystal gazing finance in 2025

CFO News

This year was dominated by elections. In the New Year, we will see the impact of elections. Elections, even won in thumping majority, have their own impact. Look at Maharashtra, it has taken so long to allocate the ministries, and yet discontent lingers. I pored through more than a dozen reports on 2025 outlook in the last few days, and broadly there are a few themes that I came across.

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What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.

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What is going to move the Indian market in 2025? Mayuresh Joshi explains

CFO News

India may see a small rate cut in February as food prices fall. Global markets dipped after the US Federal Reserve cut rates but hinted at fewer cuts ahead. This impacts Indian markets. Experts are watching how company earnings and global events unfold. Government spending and private investment are key to India's economic growth. Market stability depends on these factors.

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India to spend USD 8 trillion on investments in next five years: Motilal Oswal

CFO News

India Investment Spending: India is poised to spend a massive USD 8 trillion on investments over the next five years, says a report by Motilal Oswal.

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Nestle India sees no impact from Switzerland's MFN status withdrawal, says issue between the two countries

CFO News

Switzerlands suspension of the Most-Favoured-Nation (MFN) status, effective January 2025, follows an Indian Supreme Court ruling that reversed a judgment in favor of Nestl, triggering a re-evaluation of tax treaty terms.

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Break glass ceiling in global standards, shed passive attitude: Consumer Affairs Secy to India Inc

CFO News

Speaking at a CII event, Khare expressed concern over India's absence from the top five nations in international standards meetings, which she said were dominated by European countries.

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Forecasting Failures Are Costly: Heres How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

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MCA slashes penalty on iPhone maker Wistron

CFO News

Appealing against the RoC's penalty, a representative of Wistron submitted to regional director M Jayakumar that the current management (Tata Electronics) has "decided to address the past violations (by Wistron) and, therefore, the suo-motu application for adjudication has been filed"

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Corporates claim employees are their greatest asset but don’t treat them fair, must pay bottom 60% staff better: Mohandas Pai

CFO News

Mohandas Pai criticizes stagnant wages for entry-level IT workers, highlighting a mere 15% increase since 2011 despite significant CEO compensation growth. He emphasizes the need for fair wages, especially for the bottom 60% of earners, advocating for higher minimum wages and a reevaluation of compensation policies to address the widening pay gap.

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$11.3 billion: Startup funding sees marginal rise in 2024

CFO News

Indian startups saw a funding revival in 2024, reaching $11.3 billion, slightly up from $10.7 billion in 2023. While VC firms have ample capital, they are cautiously deploying funds, prioritizing profitability and strong governance. Zepto led funding with $1.4 billion, but overall deal closures were uneven throughout the year. Investors remain optimistic about India's growth potential.

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Over 40 Indian startup leaders transitioned between founding and executive roles in 2024: report

CFO News

Per data shared by executive search firm Longhouse Consulting, the year saw a trend in the startup ecosystem of some leaders choosing to move away from their cofounder roles to take on senior executive positions, bringing their entrepreneurial expertise to established firms.

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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

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KKR invests in Rebel Foods valuing the cloud kitchen brand at around $800 million

CFO News

A significant portion of the latest financing round comprises secondary share sales, conducted at a lower valuation of around $750-800 million. In contrast, the primary funding infusion was executed at a flat valuation of $1.4 billion. While secondaries are typically done at a discount to the last primary valuation, this transaction reflects a steep discount of approximately 50 per cent.

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RBI advises states to be more prudent in managing finances

CFO News

The Reserve Bank of India commends states for fiscal deficit reduction but urges adherence to the 'golden rule' of financing current expenditure with current revenue. The RBI also criticizes excessive subsidies and cash transfers, advocating for rationalization and outcome-based budgeting for better resource allocation and developmental impact.

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States' freebies crowd out critical resources needed for economic development: RBI report

CFO News

It further said several states have announced sops pertaining to farm loan waiver, free electricity to agriculture and households, free transport, allowances to unemployed youth and monetary assistance to women in their Budget for 2024-25.

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Laxmi India Finance files DRHP with Sebi for IPO

CFO News

Laxmi India Finance, a Jaipur-based non-banking financial firm, has filed its DRHP with SEBI for an IPO. The IPO comprises a fresh issue and an OFS. The company primarily focuses on MSME and vehicle loans.

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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.