INDUSTRY ARTICLE

FX Living Dangerously


Baton Systems recently spoke with Colin Lambert, publisher of The Full FX, about what is getting the FX market talking and why the back office is ripe for transformation.

In its 2019 Triennial Survey, the Bank for International Settlements (BIS) surprised the FX industry by highlighting settlement risk as an area of growing concern when previous surveys had focused solely on trading volumes. Specifically, data collected for the survey showed that approximately USD8.9 trillion worth of FX payments is at risk on any given day.1

“The solution will come not from the banks but from the fintech industry.” 

– Colin Lambert, Publisher of The Full FX

1 – https://www.bis.org/publ/qtrpdf/r_qt1912x.htm

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Watch our interview - "FX Living Dangerously" - with Colin Lambert, Publisher of the Full FX