NEW YORK--More and more investment management firms are turning to third-party risk management vendors. In turn, the buy side, despite its limited resources, represents a growing share of the revenue pie for each of the vendors surveyed for this article.
For instance, two years ago, 20 percent of Askari’s revenue came from the buy side. Today, about 80 percent is buy side. Peter Davies, president of Askari, expects that percentage to rise to nearly 100 percent over the next five years.
Bryan Harkins joins to discuss how the CBOE-Bats integration is going and plans for the exchange operator going forward. Anthony and James talk about the SEC hack and Esma's potential new powers.Subscribe to Weekly Wrap emails