Institutional Investor (January 11)
“Less than 10 percent of institutional investors currently outsource their trading desks,” but a recent survey suggests they are starting to warm to the once ‘unthinkable’ practice. “Out of the 84 traders polled, 32 percent called outsourced trading desks a ‘good solution’ for managing flow and achieving the best execution, up from 20 percent in last year’s survey.”
Tags: Execution, Flow, Institutional investors, Outsource, Survey, Traders, Trading desks, Unthinkable
Financial Times (July 22)
“As their booming share prices testify, technology groups have been brimming over with new business during the pandemic. For banks, there has been a special tech awakening…. After years of foot-dragging, many have been abandoning their cautious approach to cloud-based services and signing up with gusto to outsource their storage of data and other activities that demand high-intensity computing power.”
Tags: Awakening, Banks, Booming, Cautious, Cloud-based, Data, Foot-dragging, Outsource, Pandemic, Services, Share prices, Storage, Technology