Broadway sees demand for software pick up
Regulation and the need for a business edge have sell-side firms looking increasingly to software to meet their needs
As banks struggle to balance their compliance with the capital requirements, best execution and reporting rules of the Dodd-Frank Act and the Markets in Financial Instruments Directive (Mifid) II, demand for electronic foreign exchange software is set to pick up, says Tyler Moeller, co-founder and chief executive officer at Broadway Technology.
"Once all of your data is in a single place, there is opportunity for significant business edge. You can better analyse your client base, and performance
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