In research with 323 managers in a December report by Greenwich on transaction cost analysis, 30% said they use a TCA tool in FX. That's up from 22% three years earlier. “The growth is modest, but the fact that there's growth at all says something...
"...concentration isn’t necessarily good or bad – it just is. But if the concentration is all with only one firm, the industry should reassess its options," says Kevin McPartland.
As Tobias Miarka noted, “These risks are much on the mind of corporate executives, but companies have taken little or no action to mitigate them.”
Integrated within our J.P. Morgan ACCESS OnlineSM portal, which was recently named the top-ranking cash management portal globally by Greenwich Associates, the Virtual Branch allows clients to upload, check and store their supporting documents...
“Rather than tracking these items on a granular basis, most firms just rely on the judgement of their portfolio managers and analysts – as expressed through the broker vote – about how much value each research provider contributes to the investment...
The largest U.S. bank by assets took the top prize in this year’s rankings, followed by Citigroup, UBS and Deutsche Bank, according to a global survey of currency users by Greenwich Associates. Last year, Citigroup and UBS tied for first, while...
“Even in U.S. equity markets, often viewed as one of the most electronic markets in the world, high-touch trading, or single-stock trades routed to a sales trader, still represents the largest execution channel,” said Richard Johnson.
“Banks have become much more judicious in doling out coverage and resources and much more focused on the bottom-line returns that customer relationships generate,”says James Borger. "When analyzing clients, dealers ask, “What products do you use,...
“The bar is really, really high. You have to be perfect and a little bit lucky to pass that bar,” says Christopher Dunn. “The messaging around investment philosophy and process has to be air tight.”
Kevin McPartland said in the report: “In other words, total notional volume executed via the screen underestimates the impact of technology innovation on the ecosystem.”
