Operations & Technology, Global STP: Pursuit, Promise, Reality

DEPARTMENTS

The US won’t achieve T+1 until it solves the problems of cross-border trades. That requires the implementation of global straight through processing.

In the February issue of Waters, I focused on the securities industry’s efforts to achieve T+1 in the US. However, many industry participants believe T+1 will not be achieved in the US until the problems related to cross-border trades are fixed. The US has huge cross-border trade volume and the related inefficiencies cost the industry hundreds of

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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