December 2, 2010 – Investor demands, regulatory requirements and the financial crisis. They have all contributed to improving how financial firms ensure the accuracy and consistency of the data they store about the transactions they execute and the customers and trading parties they deal with.
But the securities industry still has a long way to go. A study of 371 financial firms worldwide released last week by AIM Software, the Vienna-based enterprisewide data management software firm, showed that about 48 percent are still using terminals to look-up data and process it manually.
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