WATERS WEBINAR: Building Value in Securities Ops

Risk

Waters: Many traders and investment professionals are leaving large investment firms and starting their own hedge funds. When this happens they often want the same tools that they had at Merrill Lynch or Morgan Stanley, for example. Are reconciliation tools among the items they need when starting their own investment houses?

Darryl Twiggs, SmartStream: They certainly are. Hedge funds are dealing with many parties in terms of the payment and confirming that their trading has completed

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