Doing more with less in a post-Mifid II environment
In their quest to reduce costs, market participants look to automate more processes in 2019, says smartTrade CEO
With the bulk of regulatory reporting behind them, banks are finding they are once again able to focus on their core business and what sets them apart from their competitors. But, with disappointing 2018 revenues, many of them will be looking to innovate and roll out new offerings that will also help them to reduce costs.
David Vincent, chief executive officer of smartTrade, says that for the FX industry, this means those banks that would traditionally have built their own infrastructure will
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