Globally, the market volatility that came with the onset of the pandemic continues to persist, and this has given rise to a major increase in retail investors. According to one study, international trading continues to increase significantly, with daily trading volume growing at an average of 17.2% YoY (varying from nation to nation due to general culture and institutional environments).
As trade volumes increase, the need for more equipped and capable post-trade operations providers has emerged. Often, established legacy providers have updated the front-end user experience but are using decades old back-end technology that contributes to lags in system performance, and are therefore struggling to keep up with the ever-increasing trade volumes and efficiency of modern technical solutions. This is felt by many sell-side institutions that use post-trade solutions.
Our client, however, has a state-of-the-art front-end and back-end solution provider that can support post trade users’ efforts and the growth aspirations of many sell-side firms. They identified that due to the size and relatively limited breadth of opportunities in the North American market, there was a potential opportunity to be explored, expanding from EMEA and APAC, into North America.
We helped them do just that, providing a custom research report to gauge the actual appetite and opportunity in the North American market.
