Reducing the backlog (TT Dec06 p42-43)

The Treasurer December 2006

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Credit markets have come under intense scrutiny from regulators. Credit derivative trading volumes have increased exponentially year-on-year since the market’s inception. The industry united to solve processing backlogs. Technology investment in operations rose by 32% in 2005. ISDA is working to unify the industry behind new mechanisms for trading and settling credit default swaps.

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