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The sometimes rival providers are putting their heads together to find cost-effective solutions and meet the challenges of the tougher post-trade landscape.
SIX Securities Services, the Swiss central securities depositary (CSD), and Clearstream, an international CSD, are joining forces to develop new services and solutions to better combat tighter regulation, reduced margins and increased competition. It has been well documented that regulation such as the E.U.’s Markets in Financial Instruments Directive II (MiFID II) and the European...
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