Automation “Not the Holy Grail” For Buy-Side Trading Desks
Panellists at this year's TradeTech conference in Paris discuss the important of maintaining the human element of trading over the so-called "Holy Grail" of automation.
As asset managers across the industry ramp up their preparations for the arrival of Mifid II, automation has been a top priority across many front, middle and back offices on the buy side.
The benefits – reduced costs, the removal of manual processes and streamlined workflows – are both apparent and enticing for many asset managers, particularly when it comes to regulatory-related operations, but not everyone believes automation is necessarily a golden ticket to success.
“There isn’t any right
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