Accenture Post-Trade Processing, built on Broadridge’s technology, will be used to transform how banks operating in Europe, Asia, Australia and the Middle East approach post-trade processing, particularly for securities asset classes. Accenture Post-Trade Processing is set up to mutualize activities and costs from multiple institutions and adopts an innovative, streamlined operating model, which will help drive efficiency and quality of service.
Broadridge and Institutional Investor partnered to deliver a first-of-its kind survey of equity analysts covering investment banks globally. Read about the critical issues affecting the industry and profitability, and how adopting new technology in the back office and middle office, reengineering processes within these functions and similar transformational initiatives may be the key to restoring profitability.
Over the next five years, new regulations and market structure changes could drive down return-on-equity by up to five percentage points. The current cost paradigm is simply not sustainable; that’s why a utility model is garnering interest. Discover how a post-trade utility is a natural starting point to mutualize costs, streamline compliance, deliver innovation and create network leverage in this new paper from Broadridge.
In the current environment of increased regulation, tighter margins and changing conditions, it is essential that investment banks continue to cut costs. However, many have reached a limitation on the benefits of offshoring and outsourcing, while others have realized that achieving cost reduction through internal scale cannot be fully achieved with in-house shared services. As a result, a new model is required.
Digital technology has become a disruptive force across all industries, but investment banks have been uneven in their overall response to that technology’s disruptive potential.