Adkrest provides research and implementation services ensuring every insight is grounded in real‑world execution. Our research offerings include industry insights and custom client‑specific studies, while our implementation services cover program management, business analysis, and testing to help clients translate findings into measurable outcomes.

About ACE ↗

Adkrest Competitive Evaluation (ACE) is Adkrest's proprietary competitive intelligence engine — designed to give capital markets technology buyers and software vendors a single, structured lens across the solution landscape. From RFI evaluation to client sentiment to cross-vendor benchmarking, ACE converts market data into decision-ready insight.

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Tailored analysis addressing specific market, competitive, and strategic questions.

  • Go to Market Strategy
  • White Papers / Thought Leadership
  • Due Diligence
  • Voice of Customer
🌎
Syndicated Research

Market intelligence and benchmarking across key themes and industry segments.

  • Benchmarking Studies
  • Industry Analysis
  • Intellectual Property
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📊  ACE — Adkrest Competitive Evaluation
✍️  Blogs
📅  Events (to be updated)
    Research Themes
    🤖
    Artificial Intelligence
    • High value use cases
    • AI data strategy
    • AI compliance and risks
    🔗
    DLT
    • Securities and payments
    • Impact on traditional functions
    • Scalability and depth
    👁️
    Surveillance
    • Communication surveillance
    • Crypto surveillance
    • Integrated surveillance
    🏛️
    Treasury & Payment
    • Liquidity management
    • Payment risks and controls
    • Treasury operations
    ⚡
    Post-Trade Processing
    • Automation and workflow
    • T+1 / atomic settlement
    • Collateral management
    🔒
    Private Market
    • Transparency and data
    • Single books of records
    • Unstructured data
    📋
    Regulatory Reporting
    • Control over/under-reporting
    • Centralization vs decentralization
    🗂️
    Data Management
    • Data lineage and governance
    • Data efficiency
    • Data risk and control
    📊
    Reconciliation
    • Value of reconciliation
    • Segregated vs centralized
    • Functional specific
    Customer Base
    Broker / Dealers
    Asset Managers
    Insurance Asset Managers
    Hedge Funds
    Asset Owners
    Custody Banks
    Private Equity Firms
    Financial Market Infrastructure
    Technology Solutions Provider
    Consulting and Technology Services
    Team

    Deep capital markets expertise combined with hands-on operational and technology experience.

    Vinod Jain
    Founder — Adkrest
    vinod.jain@adkrest.com
    LinkedIn
    Summary of Experience

    Extensive experience leading strategy, operations, and regulatory-driven transformation for broker-dealers, asset managers, custody banks, and investment banks. Experience spans industry analysis, fintech solutions, strategy and technology consulting, payments operations, and compliance audits for Citi, Wells Fargo, Bank of America, NYSE, Deutsche Bank, State Street, BNYM, Jefferies, UBS, MFGlobal, RBC, NSDL, Neoxam, DTCC, BNP, Morgan Stanley, Lehman, Truist, and HSBC.

    Jay Wolstenholme
    Principal — Adkrest
    Jwolstenhome@adkrest.com
    LinkedIn
    Summary of Experience

    Jay began his career in capital markets as a project manager and developer in the financial futures department, specializing in S&P 500 program-trading arbitrage. He designed and built electronic program trading interfaces at Salomon Brothers (later Citigroup), then worked on prime brokerage, securities finance, fixed income, and commodity projects. Jay was head of North America fixed-income funding technology at UBS for a decade before becoming a research analyst.

    Advisors
    Anantha PadmanabhanLinkedIn — Expert in AI, Risk Mgt, Calypso and Reconciliation
    Angela LeemansLinkedIn — Expert in Product, Strategy, and Wealth management
    Michael BarrettLinkedIn — Expert in Collateral and Custody operations
    Nora TajianLinkedIn — Expert in Sales, and Go-to-market
    Scott PorterLinkedIn — Expert in Investment operations
    Adkrest Competitive Evaluation (ACE)

    Market Intelligence On Demand.

    Adkrest Competitive Evaluation (ACE) is Adkrest's proprietary competitive intelligence engine — designed to give capital markets technology buyers and software vendors a single, structured lens across the entire solution landscape. From RFI evaluation to client sentiment to cross-vendor benchmarking, ACE converts scattered market data into decision-ready insight.

    10 Solution Domain
    4 Intelligence Source
    5+ Dashboard View
    360° Market Coverage
    Capital Markets Solution Domains
    ACE operates across capital markets solution domains. Every domain has its own criteria framework, AI parameter set and client reference scoring methodology — ensuring the benchmarking is precise, not generic.
    🔄 Reconciliation
    🚨 Surveillance
    📈 OMS / EMS
    📉 Market Risk
    🧾 Client Onboarding
    📋 Reg Reporting
    🏦 Collateral
    🗄️ Data Management
    🏆 Perf Attribution
    🔗 Front-to-Back
    🤖 AI / ML Platform
    💰 Treasury Management
    ⚖️
    Independence & Methodology
    ACE is produced by Adkrest — an independent advisory and research firm with no vendor equity, referral fees or placement revenue. Scoring weights, criteria frameworks and insight logic are designed by Adkrest's capital markets practitioners and applied consistently across all vendors in each domain.
    "Capital markets technology buyers deserve the same quality of competitive intelligence that the vendors themselves have access to. ACE is built to close that gap — giving institutions, advisors and practitioners a structured, independent and always-on view of the market across every major solution domain."
    — Adkrest Research Team · ACE Framework v1.0 · 2026
    Subscription Plans (Under Development)
    Industry Insights and Research Reports are complimentary with any subscription. A standalone subscription to Research Reports only is also available — contact info@adkrest.com for details.
    Contact info@adkrest.com to subscribe →
    Inputs
    Rankings & Data
    Intelligence
    Insights
    ⚙ Admin Console
    User Management & Subscription Control
    Create, edit, suspend and manage all users — visible to Adkrest Admin only
    👥 All Users & Subscriptions
    Name Email Org Tier Status Paid Amount Expiry Date Days Remaining Actions
    Adkrest Competitive Evaluation (ACE)

    Market Intelligence On Demand.

    Adkrest Competitive Evaluation (ACE) is Adkrest's proprietary competitive intelligence engine — designed to give capital markets technology buyers and software vendors a single, structured lens across the entire solution landscape. From RFI evaluation to client sentiment to cross-vendor benchmarking, ACE converts scattered market data into decision-ready insight.

    10 Solution Domain
    4 Intelligence Source
    5+ Dashboard View
    360° Market Coverage
    Capital Markets Solution Domains
    ACE operates across capital markets solution domains. Every domain has its own criteria framework, AI parameter set and client reference scoring methodology — ensuring the benchmarking is precise, not generic.
    🔄 Reconciliation
    🚨 Surveillance
    📈 OMS / EMS
    📉 Market Risk
    🧾 Client Onboarding
    📋 Reg Reporting
    🏦 Collateral
    🗄️ Data Management
    🏆 Perf Attribution
    🔗 Front-to-Back
    🤖 AI / ML Platform
    💰 Treasury Management
    ⚖️
    Independence & Methodology
    ACE is produced by Adkrest — an independent advisory and research firm with no vendor equity, referral fees or placement revenue. Scoring weights, criteria frameworks and insight logic are designed by Adkrest's capital markets practitioners and applied consistently across all vendors in each domain.
    "Capital markets technology buyers deserve the same quality of competitive intelligence that the vendors themselves have access to. ACE is built to close that gap — giving institutions, advisors and practitioners a structured, independent and always-on view of the market across every major solution domain."
    — Adkrest Research Team · ACE Framework v1.0 · 2026
    Subscription Plans (Under Development)
    Industry Insights and Research Reports are complimentary with any subscription. A standalone subscription to Research Reports only is also available — contact info@adkrest.com for details.
    ACE — Competitive Benchmarking
    Geography · Pricing · Scorecard · AI · Implementation — specific to each solution domain
    ACE — Technology Partner Rankings & Insights
    Client-rated delivery performance across 10 capital markets domains
    Domains (select one or more)
    Filter by:
    🌐 Partner Coverage Heatmap — All DomainsClick a cell to focus that domain
    🏆 Partner Rankings — All DomainsAvg client rating per delivery dimension · 1=Poor 5=Excellent
    📋 Vendor RFI — Service Partner Assessment Ratings by vendors across Advisory · Integration · Testing · Support
    ACE — IP Case Studies
    Submit a technology delivery case study for the ACE Implementation Partner library
    1
    Submitter & Implementation Partner
    Who is submitting and which firm
    2
    Client & Scope
    Client, timeline, business lines and regions
    Select up to 4 per group
    Business Line *
    Region *
    3
    Technology Stack
    Domain, vendor solutions, cloud and capabilities
    Select up to 4 per group
    Domain Area *
    Cloud Platform
    Vendor Solutions
    Tech Capabilities
    4
    Case Study
    Problem, solution, metrics, quote and link
    ACE — Industry Survey
    ACE Capital Markets Flagship Survey
    Submit your firm's response · Contributes to the anonymised ACE Industry Data dataset
    📝 Industry Survey — Data Gathering Form
    Large broker-dealer / IBMidsize broker-dealer / IBAsset managerHedge fundAsset owner — PensionAsset owner — Insurance AMMarket infra — ExchangeMarket infra — CustodyMarket infra — Depository
    Head of TechnologyCTOCIOCFOHead of OperationsHead of Risk ManagementHead of Data ManagementCOO
    Hardware, software and services; excludes salaries
    Cybersecurity
    AI adoption
    Operational efficiency
    Cloud strategy
    Compliance with regulations
    Data management
    Risk management
    Investment management
    Business continuity
    Total cost of ownership
    Innovative technology
    Ease of implementation
    Vendor reputation
    Vendor financial stability
    Workflow improvements
    Significant increase (>10%)Increase (5–10%)Maintain (0–5%)
    None<10%11–25%26–50%51–75%>75%
    AWSMicrosoft AzureGoogle CloudOther / On-premise
    Data sourcing & integration complexity
    Lack of automation / AI efficiency
    Poor data quality
    Slow break resolution
    High implementation/maintenance cost
    Limited scalability
    Regulatory
    Multi-asset security master
    Standard security master
    Investment research
    ESG
    Collateral management
    Bloomberg
    S&P
    FactSet
    GoldenSource
    SimCorp
    BlackRock Aladdin
    Integration with legacy infrastructure
    Model governance & explainability
    Talent shortage
    Difficulty measuring ROI
    Internal data not good enough
    Lack of regulatory guidance
    Risk management & fraud detection
    Portfolio optimization
    Reconciliation & breaks
    Regulatory reporting
    Documentation management
    Trade execution
    Ex-ante what-if risk scenarios
    Private markets credit risk
    Credit risk
    Trade liquidity risk
    Alt asset class analysis
    Post-ante risk analysis
    Bloomberg (PORT/MARS)
    MSCI
    BlackRock Aladdin
    S&P (IHS Markit)
    SimCorp (Axioma)
    In-house proprietary
    Multi-asset portfolio attribution
    Private market attribution
    Ex-ante what-if scenarios
    Post-ante performance analysis
    Fixed income attribution
    GIPS compliance
    Bloomberg
    FactSet
    MSCI
    BlackRock Aladdin
    In-house proprietary
    SimCorp (Axioma)
    High cost, no scalable benefit
    Lack of regulatory guidance
    DLTs not interoperable
    Legacy systems cannot scale
    Market offerings unclear
    Lack of management support
    <33–1010–2525–5050–100>100
    ✅
    Ready to Submit
    Your responses will be added to the Adkrest ACE Industry Survey dataset (anonymised) and reflected in the ACE — Industry Data dashboard. A confidential summary is available to all ACE contributors.
    🎉
    Response Submitted
    Thank you for contributing to the Adkrest ACE Industry Survey.
    ACE Capital Markets Flagship Survey — Market View
    Base n=300 · Asset managers, hedge funds & institutional broker-dealers · Jun 2026
    Filter by:
    ACE — Client Reference Rankings
    Rankings based exclusively on client reference scoring — overall satisfaction, NPS, domain capability and renewal intent
    Filter by:
    📊 Vendor Rankings — Client Reference Scores
    Composite = 30% Overall + 25% Domain Avg + 20% Service Avg* + 15% NPS + 10% Renewal  ·  *Service used when CF data present
    🔬 Domain & Service Capability Heatmap Domain criteria 6–12 + Service & Control · updates with filters
    💬 Client Voice — Strengths & Concerns Summary All vendors · updates with filters
    🏢 Client References Click a vendor row above to switch · Click a card to expand
    Total Items
    —
    Jun–Dec 2026 window
    Hard Deadlines
    —
    Filing / compliance dates
    Next Up
    —
    —
    Jurisdictions
    —
    US · EU · UK · Multi
    📅 Timeline — Jun–Dec 2026
    🗃 Regulatory Calendar — Capital Markets (Jun–Dec 2026) Source: Capital_Markets_Regulatory_Calendar_Jun-Dec_2026.xlsx
    Search
    Jurisdiction
    Sort
    Date / WindowJurisdictionRegulatorRegulation / RuleEvent Type
    Total Records
    —
    Load a file to begin
    Total Fail Shares
    —
    Aggregate across all records
    Unique Tickers
    —
    Distinct symbols
    Largest Single Fail
    —
    Peak fail quantity
    📁 Available Files
    Loading…
    Filter by year
    Or paste raw pipe-delimited data
    📊 Top Fails by Ticker

    Top 10 by Fail Quantity

    📂
    Select a file to visualize

    Settlement Date Distribution

    📅
    Date breakdown appears here
    🗃 Fails-to-Deliver Records
    No data loaded
    Search Ticker / Name
    Settlement Date
    Min Qty
    Max Qty
    Sort By
    Per Page
    Settlement DateCUSIPTickerCompanyFail QtyPrice ($)Fail ValueBar
    📂
    Select a file or paste data
    Latest Treasury Fails
    —
    Most recent date
    Latest Agency Fails
    —
    Most recent date
    Avg Daily Treasury
    —
    Jun 2025 – Jun 2026
    Peak Treasury Fails
    —
    —
    📈 Daily Fails — Treasury & Agency  ·  Source: DTCC/FICC ↗
    Treasury Fails ($B)
    Agency Fails ($M, right axis)
    📅 Monthly Avg Treasury Fails
    🎉 Top 10 Highest Treasury Fail Days
    #DateTreasury FailsAgency Fails
    🗃 Full Data Table — 250 Records (Jun 2025 – Jun 2026) ↗ Source: DTCC
    DateTreasury FailsAgency FailsTotal
    Resolution Plans — Comparative Analysis
    Latest public submissions filed with the Federal Reserve & FDIC under Dodd-Frank Act §165(d).
    Fed Source
    Filter:
    Columns:
    Bank Submission Material Entities Core Business Lines Geography Products & Services PDF
    Loading data...
    Source: Federal Reserve Board & FDIC. All plans filed under Dodd-Frank Act §165(d). SPOE = Single Point of Entry strategy.
    Research Reports
    Capital markets research, thought leadership, and industry analysis published by Adkrest.
    About
    Inputs
    Rankings & Data
    Intelligence
    Insights
    Adkrest ACE  ·  v2026