FIS looks to evolve derivatives post-trade utility
Wedbush Futures follows Barclays and Credit Suisse in outsourcing their post-trade operations to the utility.
Tag: FIS
Almost two-in-five sell-side firms expect to outsource front office
Sell-side study by FIS finds 39% of firms expect front office functions to be outsourced by 2020.
Credit Suisse to outsource post-trade derivatives ops to FIS utility
Capital costs and increasing workflows have resulted in banks looking to outsource certain derivatives operations to utilities.