TITLE

When It Comes to Pricing, There is No Such Thing as Simple

AUTHOR(S)
Kentouris, Chris
PUB. DATE
December 2009
SOURCE
Securities Industry News;12/14/2009, Vol. 21 Issue 23, p20
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the pricing strategy of securities depositary company Clearstream International. When the financial market crashed in 2008, Clearstream replaced its pricing software with the licensed package called GAIN from Vienna-based AIM Software. The benefits of Clearstream from the move include increased number of market data vendors used, reduced number of prices to be corrected and reduced occasion of manual work.
ACCESSION #
47180999

 

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