New research by Aite Group indicates that many firms are already realizing the benefits provided by pre-trade compliance solutions before problems arise. Aite Group expects another wave of firms to adopt similar solutions in the coming months.
In the report, Aite reviews the functionality of pre-trade compliance solutions and analyzes individual barriers to adoption and benefits that firms may realize through the solutions.
The report also offers detailed profiles of four prominent vendors with pre-trade compliance technologies: Charles River Development, Eze Castle Software, LatentZero and ITG Solutions Network-Macgregor.
“Firms are rapidly migrating toward pre-trade compliance solutions offered by buy-side vendors,” Eva Weber, an analyst at Aite Group and author of the report. “The benefits of these solutions are very clear, and as more firms battle through the barriers to adoption, pre-trade compliance will emerge as an industry standard.”