SaaS Gains Traction within Reconciliation

The report is based on an online survey and follow-up interviews of small and mid-sized investment firms with an average of $32 billion in assets under management (AUM) and based in the U.S., Belgium, Germany, the U.K. and Austria. "All but two of the firms trade in more than two asset classes and a third of them trade in over-the-counter (OTC) derivatives, which adds to the complexity of their operations," says Dayle Scher, research director in the investment management research service with

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TMX launches ATS in US

The move represents the first expansion of the exchange group’s markets business outside of Canada.

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