New Research from the TABB Group
Manual, paper-based processes of contract negotiations and confirmations in the $400 trillion OTC derivatives market have created a substantial backlog of trade confirmations, according to new research by TABB Group, an independent financial markets research and strategic advisory firm. The backlog has resulted in poor transparency and left the financial services sector exposed to unnecessary risk.
“Automation of the customer communications process is a must-have for any business competing in this market, as the potential for loss could be devastating,” said TABB Group Senior Kevin McPartland. “Solutions such as those offered by EMC allow for online negotiation of the trade, which mitigates risk by saving time and enabling greater transparency of details.” |
Research Report
To request a copy of the full TABB Group research report, OTC Derivatives Processing: Blazing a Trail to Automation, please fill out the form on the right.
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Webcast
To watch an interview with TABB Group Senior Analyst Kevin McPartland as he discusses his recent research report, OTC Derivatives Processing: Blazing a Trail to Automation, please fill out the form on the right.
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