If you watched our last video you will have seen how firms are re-engineering processes rather than just trying and do the same things more cheaply. Post-trade represents an ideal area for this type of thinking as it is dominated by old proprietary technologies and unnecessary duplication. On top of this, the move to T+2 for European equities in October will reduce by a third the time available to prepare the trade for settlement. Whilst this will do much to reduce systemic risk in the system, it seems like many firms still haven’t fully realised just how much impact this will have on their daily operations. So, if you would like to be part of the conversation then please visit our sister site here.
Author
Steve Grob
Director of Group Strategy, Fidessa
