Derivatives Dealers Must Co-Operate And Automate, Concludes Isda Survey

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LONDON--Automation of back-office processes and standardisation of settlement terms are issues that over-the-counter derivatives dealers must address if they want to improve the efficiency of their businesses. That is the conclusion made by Isda's first operations processing benchmarking survey.

In the 2000 Operations Benchmarking Survey, published in October, the International Swaps and Derivatives Association identifies serious problems in the back office at OTC derivatives dealing houses.

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