Operations

ORIX Contracts SEI for Outsourcing Support

OIC sought to outsource its back- and middle-office functions to gain greater operational efficiencies, while focusing its internal resources on core client service and investment functions.

Meeting of the Minds

TCA, shrinking budgets, outsourcing and regulation dominated this year's Trade Tech.

UBS CTO McCormack Outlines Need for 'Radical Transformation'

During his keynote address at the North American Trading Architecture Summit this week in New York, Domhnall McCormack, CTO of UBS' investment bank, outlined six areas of focus for 2012, and looked ahead to what the industry will face in 2015.

LSE's LCH.Clearnet Offer Closes

A total acceptance of 71.52 percent was recorded, with the LSE due to scale back certain orders to hold 60 percent of the total LCH.Clearnet issued share capital.

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