Trades Still Failing At High Rates, Cap Gemini Finds

NEWS

NEW YORK--Cap Gemini Ernst & Young estimates that 33 percent of trades fail at allocation, affirmation and confirmation stages. Fifteen percent are failing at settlement instruction, and another 10 percent fail at local matching. The combination of those fail rates and the push to next-day settlement (T+1) is forcing investment managers to make sure their transaction workflows are more efficient and secure.

The above findings are according to a survey of front-office systems that Cap Gemini h

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: