IFR
IFR has published an article looking at key findings from GreySpark’s research. The research points out that banks’ lack of preparation to connect to SEF platforms have opened doors for technology vendors to provide SEF aggregation services. This is due to high costs that are associated with connecting to multi-SEF platforms and uncertainty around where liquidity will flow to. The majority of banks are taking a wait-and-see approach towards becoming SEF aggregators, while others are working towards it already.