U.K. regulator, the Financial Conduct Authority (FCA), is causing a stir with its consideration of a ban on the sale of derivatives and exchange traded notes (ETNs) that are tied to certain types of crypto-assets. FCA officials say that they are considering new rules to “address harm to retail consumers” via the sale of these… Read More >>
Firms to Cut 400,000 Jobs by 2030: Report
As securities firms move toward the new Nirvana of digital transformation, the result will be an acceleration of staff cuts resulting in “an enormous reduction in staff with more than 400,000 full-time employees lost by 2030,” according to a report from market research firm Opimas. In fact, asset management firms may see the greatest impact,… Read More >>
Harnessing Alternative Data Will Decide Firms’ Futures: Report
The financial services industry is overflowing with streams of data to comply with the glut of post-financial crisis regulations. However, sell and buy-side firms are increasingly looking to harness this information to formulate trading and investment ideas, according to a new report from consultancy Opimas. The study estimates that investments in the race to master… Read More >>
Electronic Trading Jolts FX Markets to Change
The foreign exchange (FX) markets have undergone significant transformation with electronic platforms comprising a greater share of activity. However, the nature of trading has also changed and venues will have to up their game if they want to attract and retain a growing and diverse group of market participants, according to a new report, “FX… Read More >>
Report Bursts Blockchain/DLT Bubbles for Ops
There is no doubt that Blockchain/distributed ledger technology (DLT) has become one of the most talked about technologies in the world. Conferences, articles and events have been hailing its attributes but a recent report by Boston-based management consultancy Opimas shows that the technology may not be the panacea that many market participants are envisioning. The… Read More >>
