In the Margins
Automation keeps the mutual fund industry moving. Thirty years ago when the mutual fund industry have $716 billion in assets under management, DTCC Fund/SERV processed about 15 transactions per day; now, in an industry with some $16 trillion in AUM, DTCC Fund/SERV processes a daily average of 900,000 mutual fund orders. Read the original story from Institutional Investor.
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