Regulations have forced all firms to review their pre-trade and execution costs. This is now evolving to include clearing, settlement and custody costs. How will a new focus on post-trade costs impact outsourcing models?
Client and cost demands are forcing administrators to enhance their offerings by building more tools, or if need be, buying them through acquisitions, writes Jon Watkins.
Costs set to rise for custodians, with knock on effect for pricing and clients.