Salerio, the comprehensive post-trade management system designed for securities and treasury trading firms, announced today that it will host a series of post-trade business clinics. The clinics are designed to help firms identify the key areas in the post-trade processing lifecycle where they can improve operational efficiencies and processing performance both in the short and medium term.
Salerio is committed to working in collaboration with clients and industry specialists to improve post-trade processing performance across the financial industry, examining ways in which to standardise best practices, reduce risks and drive down the costs of using technology to achieve these improvements.
In October and November, Salerio will host the first group session for asset managers, brokers, senior managers and hedge funds interested in exploring ways to prepare their business for T+2 and other anticipated regulation. The clinics will take a look at current market challenges, examine best practice benchmarks and explore ways to work together with other firms to improve current practices. Salerio will also provide individual business case preparation using templates to highlight how a firm can benefit from implementing new technology and processes.
The clinics are part of a ‘Gold Standard’ initiative outlined in Salerio’s whitepaper, “Post-Trade Processing in the New World” which looks at the main challenges facing the post-trade industry against a backdrop of regulatory change. In addition to the group clinic, Salerio also offers optional one-on-one sessions for those wishing to discuss individual issues or commercially sensitive topics.
Bruce Hobson, CEO at Salerio said, “There has been growing interest within the financial community to find practical ways in which to improve the standards of post-trade processing across the industry. We are pleased to offer a neutral forum in which interested parties can share their ideas and prepare for T+2 and the regulatory challenges ahead.”
Bruce Hobson added, “Participants attending our clinics will benefit from practical ideas that can be quickly and simply implemented, and from collaborative discussions to help figure out how to adapt to the challenges facing the industry, both today and in the future.”