Automated Take-ups : The effects of replacing a manual operation for  anautomated financial system within Clearing Services

Sammanfattning: Within the banking industry many tasks, that previousrelied upon by manual labour is continuously being exchangedfor automated solutions. With the update in themethod of performing services through advanced software,benefits such as decrease in cost, increase in handling capacityor decrease in management delay come into focus.In the sector of Clearing Services the automation of simulatingrisk and clearing trades is being less of a questionand more of a requirement, since an increase in demand forderivatives clearing is expected. With this as a focus pointthis research project studied the potential effects that achange from manual to automation might present. To alsograsp a better understanding of the future market and competitivepotential the current situation on the market wasalso researched, where regulation proved itself as one ofthe motivating factors behind an increased activity. Thestudy concluded not only a decrease in cost, handling delayand increase in clearing capacity, but also future requirementfor implementation if any sustainable positionamongst market competition is to be expected. In additionthe resources that are relieved from the performing simulationsand take-ups would be able to focus on projects thatwould increase product value for the customer.