Securities settlement failures are rife among global financial institutions, thanks to a variety of factors, including regional nuances and data discrepancies, according to a recent Aite Group report entitled “Settlement Market Practices: A Legacy of Failures.”
In this podcast, we speak with Virginie O’Shea, research director for Aite Group, about the steps firms are taking to address this challenge, and the roles market structure reform and technology will play in improving efficiency in the global settlements process.