Regulation surrounding trading of those instruments has forced the front office, back office, and technology support teams together.
Historically, interaction between trading desk and back office was minimal. O'Brien recalled a previous job in the back office of a large asset manager where his team wasn't even in the same building as the traders. Today, traders must be aware of traditional back-office issues like certainty of clearing and swap execution facility (SEF) rules that affect the way t
IBM makes headway with blockchain and encryption services; the FCA's Stephen Hanks says firms need to make decisions about their ARMs and APA providers soon.Subscribe to Weekly Wrap emails