BoE's Post-Trade Reform Efforts Will Need Full Industry Cooperation
The central bank's report on the future of post trade will face the same competitive interests that have hindered previous attempts at eliminating inefficiencies and bringing automation to the back office.
If the road to hell is paved with good intentions, the road to post-trade reform is littered with worthy initiatives. Industry observers say the Bank of England’s report on the future of post trade, the latest attempt to bring efficiency to this non-standardized area of financial operations, accurately identifies areas of weakness, but it will need an inherently competitive industry to cooperate if it doesn’t sink like other efforts before it.
“It’s a very good initiative and a good start—but
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Regulation
Waters Wavelength
Wavelength Podcast Ep. 217: Citi Ventures’ Victor Alexiev on Problem Solving
Victor explains how Citi Ventures—Citibank’s corporate venture arm—and the D10X program approaches challenges.
Subscribe to Weekly Wrap emails
Most read
- The M&A Market Heats Up (And Some Quantum Computing News)
- People Moves: Exegy, Aquis Exchange, Xenomorph, and more
- Jefferies' Quant Team Builds Chatbot For Faster Equities Trading
- FISD Reports Progress on Alt Data Standards, Data Dictionary
- ING Leverages Graph Technology to Identify Suspicious Activity