Transforming the Equity Trading Workflow: The U.S. Buy-side’s Priorities for 2017

In 2017, the buy-side is under enormous pressure on their business from two massive changes: The fallout from the demands of Markets in Financial Instruments Directive (MiFID II) regulation being imposed in Europe, and the progressive shift that is occurring from active to passive investment management.

The stress on revenue and fees is instigating a wholesale proactive transformation of the trading workflow, both in terms of technology and process. 90% of the buy-side firms that we interviewed revealed that they had initiatives underway to better position themselves for growth considering these developments. 83% said that they were making changes specific to improving their trading workflow. This TABB Group Market Note identifies they key areas of development taking place across US equity trading desks this year.