The organizations that will lead over the next five years are those investing in AI-enabled automation.
The market has relied on manual processes and weekly pricing set by a limited group of dealers.
Booming capital markets are spurring automation and improving resilience.
Buy side and sell side need to embrace technological advancements and automate the IPO process.
Firms can onboard new business more quickly by embracing digital platforms.
This helps users of cleared interest rate swaps to automate the close out process.
Aim is to enable scale, agility, and access to the latest capabilities via the cloud.
One third of European corporates still instruct financial transactions via phone.
RFQ will continue to be an efficient way to interact electronically, but the industry needs innovation.
