DWT: What is the necessary technology foundation that firms need to deploy prior to implementing a cross-asset trading platform? How many firms usually have this in place?
Margaret Bailey, smartTrade: Most organizations have their foundations in place-generally from legacy single-asset implementations that are still working well for them, to a degree. Currently, firms are in the process of unifying their systems to support cross-asset trading and its complexities, trying to build where they can
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