Waters Panelists: IBOR Must Be Governable, Fit For Purpose
While the definition and appropriate scope of an IBOR remain up for debate, buy-side firms will often approach IBOR vendors—including order management system (OMS) providers and portfolio accounting providers, among others—only after exhausting unsuccessful internal efforts. In that sense, the business case is usually clear.
"About 18 months ago, we had a meeting with a then-prospective client, which included their chief investment officer, chief information officer, and head of operations,”
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