Current dollar figures are small but projected CAGR is large.
Asset managers are beginning to replace banks in supplying liquidity in fixed income.
Japan has launched an RPA utility for investment banks.
Custom execution strategies are key to optimizing results.
Under MiFID II, fund managers will want to measure alpha from research.
FX transaction cost analysis tools are affecting execution strategies.
Clearstream joined the settlement platform last month.
The MiFID II fallout may be greater in sales than in research.
Electronic trading continues to increase across all asset classes.