The hunt for value in a commodity industry. Where do post-trade services go from here?

As the services the industry provides become increasingly commoditized – clearing, settlement, custody, collateral management, fund processing are just some cases in point – new and more nimble players are entering the spaces the industry once defined.

The challenge for post-trade service providers is to establish a coherent set of strategies that ensure continued growth in value for their clients and, ultimately, the end investor. Is this a realistic goal for the industry to achieve?