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FX and MM 2002
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c Products
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© The Z/Yen Group of Companies 2008
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Within next 12 months |
Within 2 to 3 years |
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Foreign Exchange |
1 to 2 |
3 to 6 |
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Money Market |
2 to 4 |
5 to 10 |
Jeremy Smith, a Director at Z/Yen, said, “Although there are signs that the cost per trade is reducing, many banks have too little volume to sustain their high fixed costs. We predict that within the next 12 months, there will be at least two major outsourcing deals in the treasury processing market. However, long-term growth of outsourcing depends on the market’s readiness to accept innovative solutions.”
Banks are
increasingly using cost per trade analysis to identify focus areas for
processing improvement. A senior FX
Business Manager at a global Investment Bank, said, “this type of
detailed study enables us to analyse our processing costs on a consistent basis
across the industry and helps us to set realistic targets for
re-engineering".
For
further information, please contact Jeremy Smith, tel: (020) 7562-9562,
e-mail: jeremy_smith@zyen.com. A
summary of the results of this study can be downloaded “FX & Money Markets 2002”.
Z/Yen specialises in risk/reward management, an innovative approach to improving organisational performance. Z/Yen’s clients include blue chip companies in banking, technology and professional services as well as charities and care organisations (see www.zyen.com).
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