BNP Paribas Turns Up the Volume
TRADING TECHNOLOGY
Last year, as its fixed-income trade volume began to rise, BNP Paribas moved a significant portion of its fixed-income trade booking from T+1 to T+0, without adding staff, and without involving its internal IT department.
Here's how it happened: The need for the project first arose during a meeting with BNP business heads at budget time last year to discuss expectations for the coming year, recalls Steve Misischia, director of fixed-income trade processing, back office and client services for
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