Clients reward UBS for post-trade innovation
"There is an increased focus on settlement risk," said Daniel Haid, global head of foreign exchange operations at UBS in London. "You need to have transparency in all your transactions: if you can't see the details, you don't see the risks."
Additions to the bank's suite of post-trade tools over the past year include a range of what the bank calls 'smart checks' to help clients manage payments, such as the ability to map future cashflows against payment cut-off times. These differ for each
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