Incentives needed to close gaps in industry efficiency

The financial markets' top leaders agree that a lack of industry-wide incentives for automation is slowing the march toward greater efficiency in the global securities industry, according to the findings of a report released today by the Tabb Group and sponsored by Omgeo, the leading global provider of post-trade, pre-settlement solutions. Providing incentives for industry-wide automation is therefore becoming vital, the study found, as firms are increasingly focusing on enhancing …