A report in July said 72% of capital markets firms are investing in in-house reporting systems
The trend to develop transaction reporting
technology in-house challenges the usual model for buy vs
build. Dan Barnes writes.
A report released in July 2015 revealed
that 72% of capital markets firms are investing heavily in
their own in-house transaction reporting systems for
derivatives trading, despite the availability of third-party
systems. At face value the result was surprising.
"Reporting is not a matter of simply what
you have bought and sold, and at what price," said Martin Adam,
product consultant at regulatory service and IT provider
Lombard Risk. "It involves a lot of fine detail, timestamps
down to the millisecond of execution. It is an onerous
obligation and changeable. Every year or 18 months one could
see a need to adapt and so I might have expected more firms
looking to vendors so that they do not have to manage the
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