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Correspondent Clearing Firms: AKA “Correspondent Outsourcing Services”Product Type: Market Research ReportPublished by: TowerGroup Published: February 2004 Product Code: R301-771 Description TowerGroup predicts that, in 2004, correspondent clearing firms will be responding to far more RFPs from firms that are reevaluating their current clearing arrangements. Their reevaluations will be driven in part by economics and in part by their acknowledgment that the function of clearance is not their core competency and shouldn’t be.
Table of Contents Introduction Business Drivers Implications Action Items Evolution in Clearing Correspondent Clearers’ IT Spending Market Size Competitive Differentiators Conclusion |
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