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Aite Group Senior Analyst Brad Bailey Expects Buy-Side Firms in North America and Europe to Spend About $200 Million on Technology to Handle Credit Derivatives

Regulatory pressure on the credit derivatives dealers is prompting the buy side to automate its own processing. Firms are spending money on OMSs but looking to free tools such as DTCC's DerivSERV for confirmation matching.

Regulatory pressure on the credit derivatives dealers is prompting the buy side to automate its own processing. Firms are spending money on OMSs but looking to free tools such as DTCC's DerivSERV for confirmation matching.

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