T+1 is on the horizon, Northern Trust notes.
Its data has done it in, STA CEO writes.
One manager sees trading opportunities in a less liquid and less efficient market.
Milestone Group notes increased focus on outsourcing back- and middle-office functions.
It's a European regulation, but U.S. firms should pay heed, DTCC says.
Trading-technology M&A underscores the incumbency of incumbents, Alphacution notes.
IHS Markit looks at what happens when a counterparty wants to novate.
Investment and custodian banks face a costly regulation, Meritsoft notes.
The most valuable data comes from the most profitable trades, which are still mostly talked out.