Credit Technology Innovation Awards 2009

- Credit staff
- 03 Nov 2009

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Technological innovation in the financial markets has never been more critical. In the wake of the financial crisis, regulators are demanding that the infrastructure of the industry be upgraded to reduce operational risk and increase efficiency.

Perhaps the most high-profile example of regulators exerting pressure has been in the area of central clearing of credit derivatives. In Europe, for example, the European Commission set a deadline of July 31 for central counterparties to begin clearing

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