A recent study conducted by Omgeo revealed a direct correlation between the percentages of Same Day Affirmation (SDA) scores with settlement efficiency. The data for the study came from SDA scores of firms using Omgeo services representing 46 countries and averaging 24 million trades/month and settlement efficiency rates as measured by Global Custodian surveys of
Clearing and Settlement
Custodian Banks See Opportunity in OTC Derivatives Regulation
With Sibos 2010 underway in Amsterdam, this year’s themes include regulation, rebuilding trust and recovery. And to that point, a noteworthy story came out of the first day of this year’s extravaganza. It seems in the midst of the ever-changing OTC derivatives landscape, there is a silver lining – for custodian banks that is. Even
Derivatives
The Golden Vending Machine
Vending machines that dispense gold may be making their way to the U.S. A company named Gold to Go has hopes of installing a “couple of hundred” machines in the upcoming year according to an article on CNBC.com. Already, these vending machines can be seen at the Dubai Airport and major hotels and banks throughout
