There is growing demand for global cross-asset trade reporting solution
Futures technology experts have questioned
the prospect of brokers outsourcing key regulatory functions
such as trade reporting, citing concerns among firms about
giving up functions for which the brokers are legally
David Pearson, the head of post-trade at
Fidessa, told the FOW Post-Trade conference on Monday: "The
challenge for firms is they have to get an awful lot more out
of how they manage collateral but it is very difficult to
outsource something you don’t understand."
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