New Games for a New Century - Part 1
The powerful roots of financial market infrastructure (FMI), the traditionally important exchanges, clearing, settlement, central securities depositories (CSD), and payment systems that support the world’s monetary and financial markets participants, were embedded back in the 1960s and ‘70s. Today, this foundation raises a number of questions. Do we, for example, believe that the next evolution of FMI propelling global capital markets into the 21st century will be architected in the same way?
The pace, intensity, and complexity of competitive change has left traditional firms in global industries playing “competitive catch up”. This was not the future that we wanted for…
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