As outsourced trading gains traction, Claudia Preece delves into what factors make for success in the space, pinpointing some of the main elements influencing the future landscape. As ever-larger players continue to make real moves, costs rise, and expectations placed on providers increase, only those with truly effective offerings will reap success as consolidation continues.
The TRADE sat down with Brown Brothers Harriman’s (BBH) managing director, head of Americas FX sales and business development, Brendan Burke, to discuss the feasibility of outsourcing FX workflows, the costs associated with opening foreign trading desks, the potential benefits of distinct approaches and how the US shift to T+1 is exacerbating the need to consider these topics.
Panellists from AustralianSuper, Brown Brothers Harriman and BidFX agreed monitoring liquidity in flight and using that to better understand execution costs and feed into pre-trade trade processes was their core focus going forwards.
Regulatory pressures on asset managers to oversee and govern their outsourcing service providers has become a challenge for the buy-side.
Interest in Greater China ETF grows but investors await international access schemes.
The introduction of Japanese funds onto the FX settlement service follows a multi-year effort to onboard the Japanese buy-side community to CLSSettlement.
Head of regulatory intelligence at Brown Brothers Harriman Sean Tuffy, discusses regulation and the issues facing the buy-side.