For 28 years I have been working within the custody industry. Over that time, there have been many challenges facing the industry; among them the dematerialisation of securities, the introduction of Swift as an important tool, explosive growth in cross-border activity and the emergence of remote membership arrangements, to mention just a few.
I cannot, however, remember a point in time where the general outlook has been more challenging than it is now. In the aftermath of the credit crunch, the
The week on Risk.net, July 14–20, 2017Receive this by email