DTCC said global broker-dealers spend $150m to $175m on post-trade services for cash securities.
As cloud and data technologies shape the evolution of automation, COVID-19 has its own impact.
Firms need to not miss the train to the cloud.
The process of automation varies by asset class, by bank, and by buy-side client specifications.
The group of 60 individuals adds to the diversity of the partnership.
Dextcloud has started a pilot with Citi to transformation its Commercial Bank Digital Service offerings.
Open source technology can streamline regulatory interpretation and reporting through standardization.
Compression is a crucial tool for cleared market participants to boost operational and capital efficiency.
Brokerage firms find that automating processes boosts efficiency and frees up trader bandwidth.
