If it wasn’t enough that the New York Stock Exchange has been downgraded to a meeting venue today, more of trading is expected to go automated.
That is according to a new study from FIS.
Per the report released today, increased automation is expected to impact the trading businesses for 84% of respondents, sell-side executives all.
The automation of data collection, processing and reporting are likely to play critical roles in helping firms to cut their costs, comply with regulations, satisfy clients and remain competitive in the marketplace.
