By Eugene Grygo, FTF News
BMO Global Asset Management has been able to stretch an investment book of record (IBOR) across its front, middle and back offices to boost Ops and keep the front office happy.
When BMO Global Asset Management was splicing together two registered investment advisor businesses – the result of an acquisition – the firm had no idea that one day it would be stretching an investment book of record (IBOR) across its front, middle and back offices and advancing the firm’s accounting system, performance platform and settlement process.