Technology is a double-edged sword for FMIs
Exchanges and clearing houses rely on third-party vendors for vital systems, but outsourcing can also lead to duplication and waste
Jump to: Vendor provision | RFP frequency| AI use | Mini-methodology
How many technology vendors is too many? It’s a question that financial market infrastructure firms may be asking themselves as they assess the web of third-party systems and tools underpinning key parts of their exchange, clearing or payments businesses.
As one chief risk officer observes dryly: “We had more third parties than
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