Report said it takes an average of 64 days to implement a new reconciliations process
Being in the reconciliation space, I read
Aite Group’s excellent report "Reconciliation
Trends in 2016: Regulation and Nervous Recs" with great
The results reflect the changing face of
post-trade processing, control of data, speed of delivery and
pressures of regulation and cost against a backdrop of the
increasing acceptance of new technologies and hosted models, as reported by FOW.
However, the extent of some of the
findings were surprising, including some significant shifts in
approach and planning across the 82 tier 1 and 2 executives
interviewed. From this plethora of information, comments and
statistics, I’ve summarised the key points of
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