Relevant industry content we've curated covering a wide range of topics
Testing the Liquidity Illusion
After years of steady inflows and expanding access to retail investors, private equity credit funds and evergreen vehicles are hitting a stress point. A wave of redemption requests, coupled with market volatility and a handful of high-profile borrower defaults, has forced some of the industry’s largest managers to do what many investors assumed was unlikely: limit withdrawals.
What Firms Get Wrong When Changing Investment Operations Technology
Investment firms are modernizing their technology stacks at an accelerating pace. Cloud-native platforms promise front-to-back integration. Consolidated systems claim to reduce vendor sprawl. Automation and AI are positioned as tools to streamline workflows and compress operating costs.
Yet many firms discover that changing platforms does not eliminate complexity. It redistributes it.
Across the industry, a consistent pattern is emerging: technology selection is treated as the solution, while operating design, governance, and accountability are treated as secondary considerations. The result is not necessarily failed modernization, but fragile modernization.
Read more on what STP’s subject matter expert, Pat Conroy had to say here.
STP Investment Services and CAPIS Launch Coordinated Outsourced Trading and Operations Model for Buy-Side Firms
WEST CHESTER, PA and DALLAS, TX – April 21, 2026 – STP Investment Services (STP), a global provider of technology-enabled investment operations, fund administration, and compliance solutions, and CAPIS, an institutional brokerage firm that provides outsourced and supplemental trading services, today announced a strategic partnership to launch a coordinated outsourced model that integrates trade execution and investment operations support for buy-side firms.
Wealthsite Shortlisted for the Family Wealth Report Awards 2026
Wealthsite, a division of STP Investment Services, is pleased to announce that it has been shortlisted for the Thirteenth Family Wealth Report Awards 2026 in the Consolidated Reporting category.
The Family Wealth Report Awards, organized by ClearView Publishing, recognize excellence, innovation, and best practice across the North American family office and wealth management industry. Now in their thirteenth year, the awards are judged by an independent panel of senior practitioners and trusted advisors drawn from banks, family offices, and the wider wealth ecosystem, ensuring a rigorous and transparent evaluation process.
Wealthsite’s shortlisting reflects the strength of its consolidated reporting platform, which delivers a clear, accurate, and holistic view of complex wealth across entities, asset classes, and jurisdictions. The solution is designed to support family offices and advisers with greater transparency, control, and confidence in reporting and decision-making.
“We are proud to be recognized by Family Wealth Report in such a competitive and respected category,” said Bernie Holtgreive, Director of Wealth Products and Solutions at STP. “This shortlisting validates our continued focus on solving real-world reporting challenges for families and their advisers through modern, intuitive technology.”
Winners will be announced at the Family Wealth Report Awards gala dinner on April 30, 2026, at the Mandarin Oriental, New York.
SEC Asks Congress for 11% Budget Cut
The Securities and Exchange Commission has asked for a fiscal 2027 budget that’s 11% less than what the agency requested for 2026.
The SEC asked Congress for $1.9 billion in funding for the next fiscal year, marking its second straight year requesting less money. For each of the seven years prior, the SEC’s budget request had increased, with the largest ask landing at $2.5 billion in 2025.
The SEC made its 2027 request in a presentation to Congress published online on Friday.
The SEC’s budget request would support 4,177 employees, up 3.8% from 2026.
While AI and advanced analytics can enhance the SEC’s ability to identify trends and prioritize risk, they are best viewed as tools to support, not replace, experienced exam and enforcement staff, said Cynthia Kelly, managing director of compliance at STP Investment Services.
Read more on what STP’s subject matter expert, Cynthia Kelly had to say here.
New Tech Is One Thing. Getting Staffers On Board Is Another
Industry firms are investing billions of dollars in technology upgrades, but how they engage employees when rolling out new tools can make the difference between widespread buy-in and rank-and-file resistance, industry executives and consultants say.
Many firms are focused on keeping pace with the latest technologies. Franklin Templeton, for example, in November announced a partnership with Wand AI to deploy agentic artificial intelligence across its platform.
AI -based tools can add another layer of difficulty, because staffers who are resistant to adopting them often have rational concerns, said Patrick Conroy, a vice president at STP Investment Services.
“Employees who do not understand how an AI system makes decisions, or who bears accountability when it is wrong, are not being obstructionist. They are being prudent,” Conroy wrote in an email. “Firms that address this directly, by building human oversight into the workflow rather than layering AI on top of existing processes, consistently see higher adoption and fewer quality failures downstream.”
Read more about what Pat and other subject matter experts had to say here.
STP Shortlisted for Two Categories in the 2026 FTF News Technology Innovation Awards
WEST CHESTER, PA — April 6, 2026 — STP Investment Services today announced that it has been shortlisted in the 2026 FTF News Technology Innovation Awards, presented by Financial Technologies Forum and FTF News. STP was recognized in the following categories:
- Best Business Process Outsourcing (BPO) Provider | STP Investment Operations Managed Service
- Best Managed Services Provider | STP Investment Operations Managed Services
“Being shortlisted is a strong validation of the work our team delivers every day — helping investment organizations move critical operations forward with confidence,” said Rachel Pham, SVP, Head of Go-To-Market.
Voting opens Monday, April 6 and runs through May 1, 2026. During this period, FTF News readers and industry participants will cast votes to determine this year’s winners.
Winners are scheduled to be announced on June 5, 2026, with an awards ceremony planned for June in New York City (date to be announced).
Vote for STP:
About STP Investment Services
STP Investment Services is an award-winning technology-enabled services company that provides middle back-office, and compliance solutions to investment managers, hedge and private equity funds, family offices, wealth managers, and asset owners. STP’s end-to-end investment operations, Blueprint technology, and expertise provide a partnership to clients that enables them to grow revenue while optimizing processes and improving productivity while protecting their business. STP provides a broad range of services for the financial services industry with capabilities to process all asset classes and meet ever-evolving business and regulatory requirements. With more than 250 employees around the world, STP services and provides solutions to clients representing more than $500 billion in assets serviced. Visit STP Investment Services at https://stpis.com/.
J.P. Morgan to Roll Out Public-Private Interval Fund
David Goldstein is mentioned by Ignites on the opportunities created by challenging market conditions.
‘Everybody Wants Their Cash Back’: Managers Work to Ease Investor Fears
David Goldstein shared his perspective with FundFire on how managers and investors are navigating liquidity amid market volatility.
Invesco Taking Over $967M Private Tokenized Treasury Fund
Cynthia Kelly shares with FundFire how tokenized U.S. Treasurys provide a controlled, low‑risk environment for firms to modernize market infrastructure and test key digital‑asset processes.
Manager Focus on Staff Cuts Threatens Success of AI Programs
Pat Conroy shares his perspective with FundFire on why reducing key talent threatens the success of emerging AI programs.
“What emerging managers get wrong when launching a hedge fund” featured in AIMA Journal
The latest AIMA – The Alternative Investment Management Association Journal (Edition 145) features an article by STP’s David Goldstein, titled “What emerging managers get wrong when launching a hedge fund.”
