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December 13, 2011
Clearing House Fragmentation; the Cost and Volume Explosion
by Gary Wright
BISS Research’s Gary Wright explains why the fragmentation of the CCP landscape in Europe, which is further complicated by the push for OTC derivatives onto exchanges, will cost the market more and introduce more operational burdens all while not reducing the risks expected.
Gary Wright, MSI,
C.E.O. B.I.S.S. Research
Gary has been in the finance industry since 1969 and has held senior positions within several major financial institutions. He has also been employed within a number of leading suppliers giving him a unique position to appreciate the problems of procurement from both sides. He is the creator of the unique B.I.S.S. Accreditation, which independently benchmarks international systems and services from the buyer’s perspective.
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