Bill Murphy, CTO at Blackstone Group and moderator of the event's C-level panel, asked the panelists what they believed the state of their back-office would be in the future.
"Clearing, settlement, technology, customer service. In five years, does it have 20 percent more people? The same number of people, 20 percent less, 50 percent less or 80 percent less?" Murphy asked.
Apurva Mehta, CTO and head of architecture at UBS Wealth Management Americas, was the first to respond. "It doesn't have my
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