Backlog Lengthened by Spiky Summer
Financial News - Trading & Technology Quarterly - November 26, 2007

This story indicates that derivatives dealers are seeking out platforms in order to ease pressure on their back offices. The story says backlogs have occured in tandem with the volume spike of the summer. European Credit Management's Tom Willoughby is quoted saying that platforms like T-Zero® help the market become more efficient. T-Zero® President Mark Beeston says that more users are coming onto the platform and existing users are routing more volume through the platform, evidence that manual entry of information is being lessened and paving the way for the industry to achieve scalability.

< Back to News