Former Robert W. Baird Director Joins Oyster Consulting

Financial Services consulting firm responds to industry need for strategic clearing, operations management Oyster Consulting announced today that Mary Jane Phillips joins the firm as an Associate Director, expanding Oyster’s Strategic Management and Operations and Technology practices. The move increases the firm’s ability to help broker-dealers and investment advisors optimize operations, automate processes, explore clearing… READ MORE

As Arbitration Cases Increase Expert Witness Demand Rises

The number of FINRA arbitrations continues to rise, with a 40% increase in new arbitrations in the last year, and a 29% increase from 2016. Of the thousands of cases filed each year the majority involve customer complaints. Because the matters in dispute often involve technical, industry-specific issues, the use of expert witnesses is increasingly… READ MORE

What is Digital Mining? – Behind the Distributed Ledger Curtain

What is Digital “Mining?” Blockchain or distributed ledger technology is a shared ledger, duplicated across a network of computers or operators of “nodes” on the network, typically referred to as “Miners”.   Blockchain secures the data using encryption and the decentralized manner of retaining individual records across a wide group of operators of nodes, so that… READ MORE

Oyster Consulting (Bermuda) Chairman Receives Lifetime Achievement Award

Brian R. Hall, OBE, received the Fred Reiss Lifetime Achievement Award at the Bermuda Captive Conference last week.  A former director and president of Johnson & Higgins, he is credited with taking the island’s captive insurance industry to global relevance. Hall also served as chair of the Bermuda College and the Insurance Advisory Committee (IAC),… READ MORE

Digital Assets – Are You Ready?

The securities and futures industries have a long history of creating, distributing, and trading new and innovative products and asset classes. Innovation is not without risk and successful firms have typically introduced disciplined processes to achieve compliance within existing regulations, even when there are gray areas. For broker-dealers, the suitability rule (2111) is the guiding… READ MORE

Blockchain Technology – Transforming Global Business Activities

For most people the term ‘blockchain’ is synonymous to ‘cryptocurrency,’ largely due to media coverage of the wild value fluctuations of cryptocurrencies like Bitcoin and block.one’s recent Initial Coin Offering (ICO) of its token, EOS. But they are very distinct, and blockchain technology could be the far more important of the two. Once you understand… READ MORE