Fidessa examines the new workflow for FCMs
White paper looks at realignment of FCM business models and impact on technology
9th December 2013 – Fidessa group plc (LSE: FDSA) has today announced the publication of a new white paper, You Only Live Twice, examining the metamorphosis of the global derivatives industry as it faces up to the practical realities of its economic and regulatory environment. In particular, it looks at how some FCMs are already re-tooling to take advantage of the opportunities created.
You Only Live Twice describes how the FCM community is re-thinking its business models in light of continued cost pressures and the convergence of the OTC and exchange-traded derivatives worlds driven by Dodd-Frank, EMIR and MiFID II regulation.
Steve Grob, Fidessa's Director of Group Strategy and the paper's author, commented: "Existing business models are straining under the burden of low interest rates and the new regulations. Some of the more enlightened firms, however, have got on the front foot with this, recognising that there are also some real opportunities here."
The paper underlines how an emphasis on workflow-based technology enables firms to provide a lower cost, more relevant service to their clients and still satisfy the regulators' demands for transparency.PDF (0.06 MB)