Business leaders require easy access to timely, reliable and complete information across post-trade processes. Aside from senior managers’ usual requirements to optimise for risk, revenues and costs, they increasingly need to demonstrate to their own management and regulators that they have the tools to run their businesses safely and effectively. Alex Knight, head of Europe, the Middle East and Africa at Baton Systems, explains how Baton’s Core-Payments tracks data in real time and provides leaders with the tools to supervise and manage risk for their business more effectively
Alex Knight, Baton Systems
Now, more than ever, business leaders have an obligation to manage and supervise their business performance and risks effectively. This obligation doesn’t end at the point of execution, but covers the whole lifecycle of a transaction, only concluding with the confirmed payment or receipt of assets.
While enormous strides have been made in technology and processes around price discovery, distribution and the management of market risk, the processes related to the arrangement, processing and final reconciliation of payments and receipts…
