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  • Role of Information Technology in Investment Services Industry

     

    Essays3 Management

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ID number:744620
Evaluation:
Published: 01.12.1996.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

INTRODUCTION
Innovative use of technology is essential for the investment services industry. Technology advances improve efficiency and effectiveness in front and back-office operations while reducing costs. In this paper I will begin by showing how technology has impacted the securities markets. Then I will show how technology has impacted all aspects of the investment process from order management to trade execution, settlement instruction communication and pre-settlement matching.
SECURITIES MARKETS
History
Until the early 1960's, the trade order process was manual. …

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