SimCorp Poll Reveals Continued Failures in Buy-Side Derivatives Processing
- Eighty-two percent of buy-side firms must create workarounds to support derivatives - Over 50% require at least two months to launch new investment products SimCorp , a leading provider of investment management solutions and services for the global financial services industry, today released the findings of a poll conducted last month. Responses came from nearly 135 executives from 84 North American-based capital markets firms. A concerning number of buy-side firms still rely on legacy systems