|
|
Article: Middle Office to be the New Powerhouse of the Buy Side, Says DST International.
- Article from:
- Investment Weekly News
- Article date:
- December 27, 2008
CopyrightCOPYRIGHT 2008 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
A White Paper from DST International (DSTi), a global provider of
market leading investment management solutions, argues that the new order emerging from recent market turmoil presents an opportunity for the middle office to take centre stage in asset management firms. The key driver for this is the continuing need to seek alpha from OTC derivatives.
A November 2008 report from The Bank for International Settlements highlights this trend, showing that notional amounts of outstanding OTC derivatives increased in the first six months of the year by 15% compared to the previous six months.
History suggests that firms face a far greater risk from ...