ASG Software Solutions
rovider of integrated solutions for enterprise archiving and records management
Bank of New York Mellon
global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. The company is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has more than $23 trillion in assets under custody and administration, more than $1.1 trillion in assets under management and services $12 trillion in outstanding debt.
BCG
Boston Consulting Group
BNY ConverEx Group
provides global institutional agency brokerage and investment technology solutions to institutional clients worldwide.
Boston Consulting Grou
Global management consulting firm and advisor on business strategy. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our customized approach combines deep insight into the dynamics of companies and markets with close collaboration at all levels of the client organization.
CapitalSource
Commercial lender offering focused lending products serving clients in the middle market
Highline Financial
Provider of web-based banking data and software
OIC
Optionss Industry Council
Options Industry Council
An industry cooperative funded by the American Stock Exchange, Boston Options Exchange, Chicago Board Options Exchange, International Securities Exchange, NASDAQ Options Market, NASDAQ OMX PHLX, NYSE Arca, and The Options Clearing Corporation.
Radar Logic
A real estate data and analytics company, calculates and publishes the Radar Logic Daily™ Prices. The prices track housing values for major U.S. metropolitan areas and are the basis of the Residential Property Index™ (RPX™), a market that enables real estate to be traded as a liquid asset, via property derivatives marketed by major financial institutions.
Satyam Computer Services
Consulting and information technology services .
Showing posts with label Boston Consulting Group. Show all posts
Showing posts with label Boston Consulting Group. Show all posts
Thursday, 11 September 2008
Tuesday, 9 September 2008
The Boston Consulting Group BCG
The Boston Consulting Group (BCG) is a global management consulting firm and the world's leading advisor on business strategy. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our customized approach combines deep insight into the dynamics of companies and markets with close collaboration at all levels of the client organization. This ensures that our clients achieve sustainable competitive advantage, build more capable organizations, and secure lasting results. Founded in 1963, BCG is a private company with 66 offices in 38 countries. For more information, please visit www.bcg.com.
Monday, 8 September 2008
Capital Markets Turbulence Puts Premium on Corporate Strategy
During the past five years, companies have enjoyed robust average annual returns in global capital markets, according to a new report by The Boston Consulting Group (BCG). But in order to continue that performance in today's much tougher economic environment, they will need to redesign their corporate-strategy process to focus more explicitly on value creation.
This conclusion is the core finding of Missing Link: Focusing Corporate Strategy on Value Creation, the tenth annual report in BCG's Value Creators series. The series, which began in 1999, shares BCG's insights about value creation with the firm's clients and the broader corporate community.
Starting from a database of more than 5,000 global companies, this year's report presents detailed analyses of total shareholder return (TSR) at 644 companies across 14 major industries for the five-year period from 2003 through 2007. It also identifies the top ten value creators worldwide and in each of the industries studied. Among the key findings:
-- The average annual return for the 2003-2007 period was an extremely healthy 17.1 percent. This return reflects the strong rebound of the global economy after the bursting of the late-1990s financial bubble and the 2001 recession. Given the recent downturn in global capital markets, however, future TSR is unlikely to be so robust. Most of the top ten companies in each industry had negative -- and often substantially negative -- TSR for the first half of 2008.
-- The arrival of companies from rapidly developing economies (RDEs) on the global value-creation stage has been dramatic in recent years. Fully half of the companies in the global top ten come from either China or India. By contrast, only one is from the United States. And the sole European representative, the global steel company ArcelorMittal (based in the Netherlands), is the product of India steelmaker Mittal's 2006 acquisition of the European steel company Arcelor. RDE-based companies are present in many of the individual industry top-ten lists as well.
-- The most successful industries were traditional old-economy sectors such as mining and materials, machinery and construction, and chemicals, in large part reflecting the recent boom in commodity prices. The worst-performing industries were previously highflying sectors such as media and publishing, and pharmaceuticals and medical technology, which are suffering from severe declines in company valuation multiples.
-- In every industry, however, the top ten companies not only substantially outperformed their industry average but also beat the overall sample average -- by at least eight percentage points of TSR.
"The lesson for executives is clear," said coauthor Frank Plaschke, a partner in BCG's Munich office. "Coming from a sector with below-average market performance is no excuse. No matter how bad an industry's average performance is relative to other sectors and to the market as a whole, it is still possible for companies in that industry to deliver superior shareholder returns."
Redefining Corporate Strategy
The key to generating superior shareholder value in the future, according to the report, is to repair what it describes as a "pervasive disconnect" between corporate strategy and value creation at many companies.
"Corporate strategy and value creation exist in a symbiotic relationship," said coauthor Daniel Stelter, a senior partner in BCG's Berlin office and global leader of the firm's Corporate Development practice. "And yet the necessary connection between the two is a critical missing link in many companies' corporate-strategy process. Establishing that link doesn't necessarily mean privileging shareholder value creation over all other strategic goals -- let alone always maximizing shareholder value in the short term. But it does mean understanding how a company's strategy actually generates value and how capital markets monetize it."
The report introduces a broader and more comprehensive approach to corporate strategy than companies typically employ today. In particular, it supplements the traditional focus on business strategy with a new strategic focus on a company's financial policies and its investors' priorities and goals.
w"Business strategy, financial strategy, and investor strategy ought to be three equal parts of a company's corporate strategy and should be addressed in a holistic fashion," said coauthor Eric Olsen, a senior partner in BCG's Chicago office. "An integrated approach is necessary because decisions in each of these areas can have a positive -- or negative -- impact on the others."
This conclusion is the core finding of Missing Link: Focusing Corporate Strategy on Value Creation, the tenth annual report in BCG's Value Creators series. The series, which began in 1999, shares BCG's insights about value creation with the firm's clients and the broader corporate community.
Starting from a database of more than 5,000 global companies, this year's report presents detailed analyses of total shareholder return (TSR) at 644 companies across 14 major industries for the five-year period from 2003 through 2007. It also identifies the top ten value creators worldwide and in each of the industries studied. Among the key findings:
-- The average annual return for the 2003-2007 period was an extremely healthy 17.1 percent. This return reflects the strong rebound of the global economy after the bursting of the late-1990s financial bubble and the 2001 recession. Given the recent downturn in global capital markets, however, future TSR is unlikely to be so robust. Most of the top ten companies in each industry had negative -- and often substantially negative -- TSR for the first half of 2008.
-- The arrival of companies from rapidly developing economies (RDEs) on the global value-creation stage has been dramatic in recent years. Fully half of the companies in the global top ten come from either China or India. By contrast, only one is from the United States. And the sole European representative, the global steel company ArcelorMittal (based in the Netherlands), is the product of India steelmaker Mittal's 2006 acquisition of the European steel company Arcelor. RDE-based companies are present in many of the individual industry top-ten lists as well.
-- The most successful industries were traditional old-economy sectors such as mining and materials, machinery and construction, and chemicals, in large part reflecting the recent boom in commodity prices. The worst-performing industries were previously highflying sectors such as media and publishing, and pharmaceuticals and medical technology, which are suffering from severe declines in company valuation multiples.
-- In every industry, however, the top ten companies not only substantially outperformed their industry average but also beat the overall sample average -- by at least eight percentage points of TSR.
"The lesson for executives is clear," said coauthor Frank Plaschke, a partner in BCG's Munich office. "Coming from a sector with below-average market performance is no excuse. No matter how bad an industry's average performance is relative to other sectors and to the market as a whole, it is still possible for companies in that industry to deliver superior shareholder returns."
Redefining Corporate Strategy
The key to generating superior shareholder value in the future, according to the report, is to repair what it describes as a "pervasive disconnect" between corporate strategy and value creation at many companies.
"Corporate strategy and value creation exist in a symbiotic relationship," said coauthor Daniel Stelter, a senior partner in BCG's Berlin office and global leader of the firm's Corporate Development practice. "And yet the necessary connection between the two is a critical missing link in many companies' corporate-strategy process. Establishing that link doesn't necessarily mean privileging shareholder value creation over all other strategic goals -- let alone always maximizing shareholder value in the short term. But it does mean understanding how a company's strategy actually generates value and how capital markets monetize it."
The report introduces a broader and more comprehensive approach to corporate strategy than companies typically employ today. In particular, it supplements the traditional focus on business strategy with a new strategic focus on a company's financial policies and its investors' priorities and goals.
w"Business strategy, financial strategy, and investor strategy ought to be three equal parts of a company's corporate strategy and should be addressed in a holistic fashion," said coauthor Eric Olsen, a senior partner in BCG's Chicago office. "An integrated approach is necessary because decisions in each of these areas can have a positive -- or negative -- impact on the others."
Thursday, 14 August 2008
Trading Jargon
BCG
Boston Consulting Group
Boston Consulting Grou
Global management consulting firm and advisor on business strategy. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our customized approach combines deep insight into the dynamics of companies and markets with close collaboration at all levels of the client organization.
Radar Logic
A real estate data and analytics company, calculates and publishes the Radar Logic Daily™ Prices. The prices track housing values for major U.S. metropolitan areas and are the basis of the Residential Property Index™ (RPX™), a market that enables real estate to be traded as a liquid asset, via property derivatives marketed by major financial institutions.
Trade Suite / CNS Interface
Application used to streamline trade processing and reduce risk to executing broker and the prime broker. Supplied by National Securities Clearing Corporation
NSCC
National Securities Clearing Corporation
TRM-Prime Broker (TRM-PB)
Management of the entire post-trade, pre-booking process in prime brokerage. Supplied by Traiana.
Beauchamp
A platform to manage complex portfolios and satisfy investor and regulatory requirements. Supplied by Linedata
T Zero Prime Brokerage
Prime brokers use T Zero to automate the give up process. Vendor is T Zero
Geneva
Application for client portfolio accounting, general ledger accounting, performance measurement and portfolio reporting. Geneva's tool vendor is Advent
Swaps Pricing Platform
Accessing security quotes generated by broker-dealers that prime brokers use for calculating client's net asset values (NAV). Tool vendor is SQX.
Boston Consulting Group
Boston Consulting Grou
Global management consulting firm and advisor on business strategy. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our customized approach combines deep insight into the dynamics of companies and markets with close collaboration at all levels of the client organization.
Radar Logic
A real estate data and analytics company, calculates and publishes the Radar Logic Daily™ Prices. The prices track housing values for major U.S. metropolitan areas and are the basis of the Residential Property Index™ (RPX™), a market that enables real estate to be traded as a liquid asset, via property derivatives marketed by major financial institutions.
Trade Suite / CNS Interface
Application used to streamline trade processing and reduce risk to executing broker and the prime broker. Supplied by National Securities Clearing Corporation
NSCC
National Securities Clearing Corporation
TRM-Prime Broker (TRM-PB)
Management of the entire post-trade, pre-booking process in prime brokerage. Supplied by Traiana.
Beauchamp
A platform to manage complex portfolios and satisfy investor and regulatory requirements. Supplied by Linedata
T Zero Prime Brokerage
Prime brokers use T Zero to automate the give up process. Vendor is T Zero
Geneva
Application for client portfolio accounting, general ledger accounting, performance measurement and portfolio reporting. Geneva's tool vendor is Advent
Swaps Pricing Platform
Accessing security quotes generated by broker-dealers that prime brokers use for calculating client's net asset values (NAV). Tool vendor is SQX.
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