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Wells Fargo

As the market gears up for a shorter settlement cycle, driving consistency across firms and operations should take priority
With a further shortening of the settlement cycle coming up next year, many worry that technology and processes aren’t yet where they should be
Despite a small dip in SOFR trading activity last month, market participants at the NY Fed’s latest Libor event all hailed the progress achieved on the transition away from USD Libor
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