ISLA: Post-trade revamp essential to efficient lending
06 October 2016 London
Image: Shutterstock
The revenue opportunities that exist in optimising post-trade systems are far greater than those on offer in investing in pre-trade technology, according to conference panellists.
A panel at the ISLA Post-Trade Conference made up of representatives from some of the largest banking entities in the securities lending market agreed that post-trade area is ripe for updating and can bring significant improvement to lending desks' bottom lines.
"Some of the biggest revenue opportunities I've seen this year have come from our joint operations with our back-office teams," explained one European banking panellist.
When asked what the biggest hurdles to achieving these efficiencies were, another panellist cited outdated legacy systems and improper use of data analysis as the most significant challenges facing institutional banks.
A panel at the ISLA Post-Trade Conference made up of representatives from some of the largest banking entities in the securities lending market agreed that post-trade area is ripe for updating and can bring significant improvement to lending desks' bottom lines.
"Some of the biggest revenue opportunities I've seen this year have come from our joint operations with our back-office teams," explained one European banking panellist.
When asked what the biggest hurdles to achieving these efficiencies were, another panellist cited outdated legacy systems and improper use of data analysis as the most significant challenges facing institutional banks.
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