For decades, transactions in stocks and bonds have been settled almost completely automatically (STP). Even for common OTC derivatives, platforms and providers are now available so that these transactions can also be settled more and more STP. However, when trading funds, we still encounter faxes. The article (in Dutch) is here available.
New risks are turning custody into a strategic theme
Custody and administration once seemed like invisible back-office tasks, but they have now evolved into...