Compliance and risk aversion will dominate in 2017
The broker is building a set of next-generation solutions for customers less willing to tolerate risk amid cost pressures
Regulatory compliance and risk aversion will be key themes going into 2017, as cost pressures and the need to do more with less continues to be at the forefront of market participants' minds, potentially dampening innovation in the industry, says Neill Penney, co-head of trading at Thomson Reuters.
"We're in a very risk-averse period of the industry's evolution," says Penney. "There is greater reluctance to experiment with new solutions than there was 10 years ago, and that has to be considered
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