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Streamlining back office processes would be the first step toward a componentized, infrastructure overhaul, says Denny Dewnarain, global head capital markets for Misys, in a prepared statement.
Misys is launching a platform that it hopes will help firms transform their data-siloed environments, starting with post-trade processing, “the logical first step,” say vendor officials. “Streamlining back office processes will not only increase efficiency and reduce risk; it also represents a new revenue stream for those banks who take a utility model approach and...
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