26 February 2017


Retired Member

2,372Posts 7,975,187Views 2,602Comments
Trends in Financial Services

Trends in Financial Services

A community to discuss the future of financial services and any other interesting trends, strategies, ideas, views.

System Adequacy Identified as Major OTC Operational Issue

01 April 2009  |  7475 views  |  0

65 per cent of firms reference adequacy of existing system as major OTC operational issue



As the dust settles on the central counterparty debate the spotlight returns to the internal issue of operational readiness of the middle and back office to process the continued increase in OTC volumes.


In research published this week by CityIQ a survey of largely buy-side institutions highlighted that over 65 per cent of respondents quoted a lack of systems capabilities as the reason for risk within their business.


Whilst the focus has been on the macro economic picture of market stability, the issue of post-trade event manage faded into the background.  The focus has now shifted back to how organisations deliver required scale to support the front office's investment strategies and multi-asset class requirements.


Although vanilla OTC structures may now be passing over electronic platforms and the brokers are resisting communicating via fax, the industry has barely broken the gain line in terms of automation.


Specialised systems that provide post trade event management do exist and they form an important aspect of the operational jigsaw to enhance operational capabilities, which support what is now an established mainstream asset class within the buy-side.

TagsPost-trade & opsSibos

Comments: (0)

Comment on this story (membership required)

Latest posts from

Retired's profile

job title
member since 2014
Summary profile See full profile »

Retired's expertise

Member since 2009
2372 posts2,602 comments
What Retired reads

Who's commenting on Retired's posts

Deepthi Rajan
Melvin Haskins
Ketharaman Swaminathan
Alex Aleksandrovski
Tayloe Draughon
João Bohner
Steven Hatton
Kunal Patel
Graham Seel
Melba Foggo
Nikhil Thadani
Richard Crookston