Jeremy J.R. Son
Fixed Income Trader
AllianceBernstein
Push drivers for automation are well known and originate from internal pressures all trading heads are facing, such as fee compression, AUM growth and reduced headcount on the desk. Everyone is trying to do more with less and this pressure will not go away in the foreseeable future. No matter how big or successful, all asset managers have concerns around human error prevention and automation can help reduce this burden.”
Damian Lim
Deputy Head of Trading
Amundi Intermediation Asia
Automation has been implemented in the rates space, where liquidity is abundant and support is plenty both from the vendors and the sell side community. This serves as a framework that other Fixed Income products can rely on.”
This report provides the key takeaways from this buy-side discussion and focuses on these crucial themes:
- The drive towards automation Shangri-la
- Defining automation – where are we now and where can we go?
- Segmenting credit and rates automation
- Critical technology, rules, and processes to have in place
- Managing counterparties and optimising broker selection