TITLE

Outsourcing Taking Hold in Derivatives Processing

AUTHOR(S)
KENTOURIS, CHRIS
PUB. DATE
October 2008
SOURCE
Securities Industry News;10/6/2008, Vol. 20 Issue 35, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article looks at how market turmoil and regulatory intervention increased the focus on risks and created a need for change in the marketplace operation. It discusses the strategies employed by various investment firms in handling derivatives processing and counterparty risk issues. As investment firms turn to outsourcing their complex administrative needs, the emphasis on over-the-counter (OTC) derivatives continues to increase. The advantages and disadvantages of setting up own firm's automation infrastructure are discussed.
ACCESSION #
34695607

 

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