The Complex Post-Trade world of Securities and its API transformation.

The article looks at the adoption of application program interface (API) by asset managers in the securities industry in 2019. Twenty-two API for client asset managers were released by BNP Paribas Securities Services in September. Also noted are the benefits of data streamed in the first API of BNY Melon and plans of RBC Investor and Treasury Services to develop API for the post-trade process. It emphasizes the need for a business model that will encourage the industry to scale API development.