IBOR Takes Hold on Buy Side

igor-lobanov

Traditionally, when trading begins in the morning, the front office relies on data produced overnight by accounting systems in the back office to provide it with an accurate view of the firm’s start-of-day position. However, in recent years, the shortcomings of this approach have become increasingly apparent.

As trading strategies become more complex, the industry more globalized and regulations more onerous, a growing number of firms are coming to the conclusion that it is no longer good enough

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