Panel: Derivatives Automation Wanting but Needed
The way to make the process cheaper is to remove people and to introduce technology into the process, says Nigel Wharton, vice president, global operations manager with JPMorgan Securities, who spoke on the panel. The main cost drivers in an organization are human resources, he adds.
“People are what really cost and the other part is innovation,” says Fredrik Voss, director, market development at ICE Futures.
Then there are the regulatory activities that substantially contribute to the business
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