BNP Paribas has decided to automate its process of assessing and calculating initial margin requirements for cleared derivatives portfolios by deploying the FIS Cleared Derivatives Margin Advisor, a cloud-based solution that the French bank expects will help it contain costs. The self-service offering from the U.S. vendor FIS is intended to help sell-side firms, investment… Read More >>
Report Finds Firms Falling Behind the Tech Curve
Although there has been a great deal written about how financial service firms are embracing fintech to meet the many regulatory challenges to come, only around 25 percent of senior executives at global institutions say they have the technology capability to support their firms’ growth ambitions, according to a new report, “The Hunt for Growth,”… Read More >>
