More than 20 of the U.K.'s largest fund managers plan to build a an international electronic trade confirmation system aimed at speeding up a process that currently takes three or more days. Fidelity Investments is reportedly heading up the effort, which will allow users to confirm transactions electronically. The institutions were prompted into action by the lack of availability of such systems in Europe, and the Society for Worldwide Interbank Financial Telecommunication's continued refusa

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: