Use CDM, or some business lines might die – Barclays

Without innovation – including the common domain model – some trades could become prohibitive

Photo of Lee Braine
Lee Braine, Barclays

Bloated post-trade expenses could put some business lines on the chopping block if the industry fails to innovate – in particular by adopting the common domain model (CDM) – and slash costs, a Barclays executive warned on Wednesday.

“It will become an unacceptable scenario if this continues – cost of doing business will be too high in many product categories,” said Lee Braine, director of research and engineering at Barclays.

“That point isn’t hitting us in the teeth tomorrow, but it will hit

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: