How banks are turning to fintechs to transform their post-trade ecosystems

Executive Summary

Ascendant Strategy has consistently found that the majority – at least 60% – of post trade “total cost of ownership” (TCO) across operations and technology for its clients is made up of people cost. Much of this is resolving processing exceptions by communicating with participants in the transaction, so purely internal changes may only result in limited marginal improvements. Banks need to collaborate with their external counterparts to support a ‘Quantum Shift’ to truly transform their post-trade ecosystems and are turning to fintechs for help in achieving that objective.

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Download the paper to find out:

  • Banks and asset management firms’ top reasons for digitising post-trade operations
  • Which post-trade processes have been digitised by firms
  • How firms are advancing their strategic digital transformation agendas
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