LONDON--Nigel Thomas, State Street’s new European STP project manager in London, believes that with the pressure of T+1, asset managers face a stark choice of whether to develop their own systems or outsource their straight through processing needs.
"Asset managers have to decide--their current systems can’t cope," says Thomas. "These changes are the biggest overhaul of the securities industry in a long time."
Thomas, who joined State Street’s Investor Management Solutions (IMS) division in Ju
Jesse Lund talks about real uses for DLT in the capital markets, lessons learned while rolling out IBM's blockchain platform, and what’s ahead for 2018, and into 2019.Subscribe to Weekly Wrap emails