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A survey of buy-side firms sponsored by SimCorp finds that nearly half are using patchworks of manual processes to manage swaps.
Despite multiple efforts to automate the processing of complex swaps, nearly half — 44 percent — of asset managers recently surveyed by FinTech vendor SimCorp say that they rely “mostly or completely” on manual processes for the investment lifecycle. In addition, the survey find that more than 50 percent say that they still need manual...
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