Mistakes could cost administrators


Different views emerge among administrators over what they see as the main legal risks faced by the industry. The biggest worry, however, remains the simple risk of error. Not all administrators are equal when it comes to their capability to administer and value the growing spectrum of investment asset types, believes José Santamaria at RBC Dexia. “Without even mentioning over-the-counter (OTC) derivatives, most third-party administrators can reliably administer exchange-traded a