Regulation surrounding trading of those instruments has forced the front office, back office, and technology support teams together.
Historically, interaction between trading desk and back office was minimal. O'Brien recalled a previous job in the back office of a large asset manager where his team wasn't even in the same building as the traders. Today, traders must be aware of traditional back-office issues like certainty of clearing and swap execution facility (SEF) rules that affect the way
Bryan Cross, who heads UBS Asset Management's QED group, joins to discuss alternative data and AI.Subscribe to Weekly Wrap emails