(Global banks and other sell-side firms face “a technological fork in the road” when it comes to order management systems (OMSes), according to a recent report, “The Future State of Global OMS,” from market research firm Datos Insights. “Sell-side firms … will need to reevaluate the value proposition of their existing OMS architecture and determine… Read More >>
Banks Could Save $150M via LEIs: McKinsey Report
The global adoption of Legal Entity Identifiers (LEIs) could save investment banks more than $150 million and their banking colleagues up to $500 million in the issuance of letters of credit, according to a new white paper report that management consultancy McKinsey & Co. produced on behalf of the Global Legal Entity Identifier Foundation (GLEIF)…. Read More >>
Will Investment Banking Join the Digital Age?
A new report by Greyspark Consultancy, “Digital Transformation of Investment Banking,” shows that investment banks can learn a few lessons from the automotive and aircraft industries in the way they tackle regulation, competition and fickle customers. This new operating model will not only enable them to comply with new rules but become leaner and more… Read More >>
