Financial markets rallied in 1996 pushing equities to rich new highs. The stampeding bull market filled a great many mutual and pension fund coffers with large net cash inflows.
Money managers had to search for investment vehicles, while buy-side traders, technologists and operations pros tried to deal with voluminous new accounts and keep track of much more portfolio activity--all within a shorter settlement cycle.
That kept everyone in the investment community rallying to continue automating
Anthony and James look news pertaining to cryptocurriences and blockchain deployments, as well as AI and cloud.Subscribe to Weekly Wrap emails