Former Pershing Managing Director Joins Oyster Consulting

Financial Services consulting firm expands strategic consulting talent   Oyster welcomes Jim Roth to the firm as a Managing Director of our Strategic Planning and Execution team. With over 30 years of experience in the financial services industry, Jim’s extensive knowledge of the clearing and custody space, as well as his ability to provide customized… READ MORE

The Great Compression

As an aftermath of the Great Recession of 2008, interest rates effectively went to 0% and stayed that way for almost the next 10 years.  After a recent period where rates have risen, we again are returning to a 0% interest rate environment.  This new environment has created a significant challenge for all broker-dealers who… READ MORE

New Podcast: Why Outsourcing Your Clearing Platform Assessment, Selection and Implementation Processes Makes Sense

Whether you are considering exploring your clearing options, changing from self-clearing to fully-disclosed (or vice-versa) or starting a broker-dealer, Oyster will help you make the best decisions with an assessment of your business, analysis to help drive decisions, and even walk you step-by-step through a vendor selection and conversion processes. In this week’s episode of… READ MORE

New Podcast: Clearing Platform Selection and Implementation

The analysis to decide if it’s best to invest in your current platform or consider a different path should not be ignored or pushed too far into the future. In this week’s episode of Oyster Stew, Part 2 of a 3, Managing Director Pete McAteer discusses what you should do after you’ve identified any gaps… READ MORE

New Podcast Episode: Should You Be Assessing Your Clearing Platform?

Competitive challenges are causing forward-thinking firms to determine the appropriate process, technology, financial and strategic investments to stay ahead or even just keep up. the analysis to decide if it’s best to invest in your current platform or consider a different path should not be ignored or pushed too far into the future. In this… READ MORE

Consolidated Audit Trail (CAT) – Will Your Firm Be Ready To Report?

Broker-dealers are facing the looming December 2019 deadline for the new reporting requirements for the Consolidated Audit Trail (CAT).  Many firms put the CAT requirements at the bottom of their “to-do” list since it has been almost seven years since the original SEC Rule 613 was passed.  But the time for implementation is finally here,… READ MORE