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Many firms are unable to get a full accounting of what they spend on brokerage, custodian, exchange, and clearing services, according to a new survey from Meritsoft.
Lackluster investment in post-trade processes has caused an information blackout that prevents financial services firms from getting an enterprise-wide view of the money that has been spent on brokerage, custodian, exchange, and clearing services, and this weakness is taking a toll on profits, according to a new report from Meritsoft, a post-trade process automation services...
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