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Settling LSTA distressed loan trades in the secondary market is complex and time-consuming. Unlike the par loan market, distressed features additional requirements for inventory management, due dilige...
You’re late in identifying a contractual issue on a trade and it costs six figures. You’re not quite flying blind but you’ve certainly not got 20/20 vision. In the same year, it happens another half d...
More and more bankers are suffering sleepless nights over spiralling, often out of control, costs and declining, or even disappearing, margins... And if they aren't, they should be. If they don't do s...
The Australian superannuation sector surged in size to $1.8 trillion in the fourth quarter of 2014, while contributions into superannuation funds with at least $50 million in assets were $22.7 billion...
Its old news: there is a lot of effort being expended on the landslide of regulatory change. But before you can even start to consider complying with new (or for that matter more established) regulati...
Since the early 2000s financial institutions have been reducing headcount to cut costs and increase margin/return on equity. Received wisdom has it that this is the cost saving option which makes the ...
Static Data, quite simply information by which financial services firms can identify where to settle transactions, and indeed identify their counterparts. Then why so difficult? Many claim to have ‘gl...
Industrialisation of operational processes, improving settlement efficiency, focus on cost, STP – these are all common phrases or terms to indicate a plan to improve settlement rates, reduce failure a...
With the multitude of regulation being debated or approved for implementation, the financial sector must navigate myriad new rules. Post-trade operations, typically an area of activity driven by the s...
Money laundering continues to be a scourge on financial services. Recent cases of some of biggest and most respected banks clearly demonstrate that as time goes by the risk of money laundering keeps i...
The payments industry has been a sticking point in financial services for quite some time. Vested interests and a concentration of far too much business between too few banks have created development ...
Historically banks have built business and operations in silos, and over decades, despite numerous mergers and purchases creating the proverbial one stop shop, the typical bank still maintains a verti...