Analysis: Financial firms should re-examine their business models

06/23/2014 | Fidessa

Financial firms are feeling pressure to improve their business models and reduce operating costs through steps such as outsourcing, says Steve Grob of Fidessa. Meanwhile, free and open protocols are helping to curtail duplication of infrastructure and improve accuracy, Grob adds. Markets face challenges, however, regarding how regulatory scrutiny worldwide could differ and overlap in areas such as derivatives, he says.

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