Are UK Firms Overpaying for Post-Trade Platforms?

Articles

4 June 2025

Gaurav Mehta

4 min read

Are You Overpaying for Post-Trade Platform?

In the evolving landscape of financial services, UK wealth managers, institutional brokers, retail brokers, and asset managers are under more pressure than ever to reduce operational costs while maintaining regulatory compliance and client satisfaction. Yet many continue to rely on outdated, legacy post-trade systems that are inflexible, costly to maintain, and poorly suited to today’s digital demands.

Watch ~4 min Summary of the Article.

Continue Reading…

The Hidden Cost of Legacy Systems

On the surface, traditional post-trade platforms may appear to “do the job.” But dig a little deeper, and the costs become apparent:
High Maintenance Overheads: Legacy platforms often require expensive on-premise infrastructure and specialist support teams to keep them running.
Manual Intervention: Limited automation means your teams spend valuable hours on reconciliations, confirmations, and data transfers that should be seamless.

Poor Integration: Older systems struggle to connect with modern front-office tools, client portals, or regulatory tech, resulting in data silos and duplication.

Compliance Risks: In a post-Brexit regulatory landscape, agility is crucial. Legacy systems make it difficult to adapt quickly to new mandates from the FCA or global regulations like MiFID II and EMIR.
Lack of Innovation: Vendors maintaining older software often underinvest in updates or enhancements, leaving users behind the curve in terms of digital experience and reporting capabilities.
These inefficiencies don’t just increase direct costs, they erode customer trust, limit scalability, and stifle innovation.

Why Are UK Firms Still Paying More Than They Should?

The post-trade environment has long been plagued by inertia. The complexity of migrating away from entrenched systems discourages change, especially when firms have already sunk years (and budgets) into legacy infrastructure.

But the reality is, continuing with outdated systems is more expensive than transforming them. Especially now, as client expectations rise and technology costs fall.

Contemi NOVA: The Smarter, Leaner Post-Trade Solution

Contemi’s NOVA platform offers a modern alternative to high-cost legacy systems, designed specifically for today’s operational challenges in wealth and investment management.

Here’s how NOVA helps UK firms cut costs and streamline operations:

High Maintenance Overheads: Legacy platforms often require expensive on-premise infrastructure and specialist support teams to keep them running.
Manual Intervention: Limited automation means your teams spend valuable hours on reconciliations, confirmations, and data transfers that should be seamless.
Poor Integration: Older systems struggle to connect with modern front-office tools, client portals, or regulatory tech, resulting in data silos and duplication.
Compliance Risks: In a post-Brexit regulatory landscape, agility is crucial. Legacy systems make it difficult to adapt quickly to new mandates from the FCA or global regulations like MiFID II and EMIR.
Lack of Innovation: Vendors maintaining older software often underinvest in updates or enhancements, leaving users behind the curve in terms of digital experience and reporting capabilities.

Don’t Let Your Post-Trade Infrastructure Hold You Back

“Unified platform” is a phrase that gets used loosely. It is worth being specific about what genuine unification requires, and what it does not mean.

It does not mean a single monolithic system that processes every asset class through identical logic. Tokenised assets and traditional securities have legitimately different settlement mechanics, and forcing them through the same engine is technically naive.

It does mean:

The Singapore Opportunity

For firms headquartered or operating in Singapore, the window to build operational leadership in this space is narrow and real.

MAS has created a genuinely supportive environment for institutional tokenisation, Project Guardian, the Variable Capital Company structure, and the progression of the Payments Services Act all point toward a jurisdiction that has made a deliberate decision to be the infrastructure hub for digital capital markets in APAC. The institutional participants are serious and the volumes, while still developing, are growing.

But the operational infrastructure is lagging. The firms that build the hybrid operating capability now, robust cross-asset reconciliation, unified exception management, consolidated reporting, will be positioned to service the tokenised asset flows that Singapore is explicitly trying to attract. The ones that wait for the market to develop before investing in operations capability will find themselves as fast followers at best, excluded at worst.

Conclusion: One Team, One Framework

The decade ahead will be defined not by which firms hold the most tokenised assets, but by which firms can manage the full spectrum of assets, traditional and tokenised, through an operations model that is coherent, scalable, and auditable.

The hybrid future is not a transition phase to be endured. It is the structural reality of institutional capital markets for the foreseeable future. The asset classes will multiply. The settlement rails will diverge further before they converge. The regulatory expectations will become more sophisticated, not less.

One operations team. One workflow framework. One position of record.

That is not a technology choice. It is a strategic one. And the firms making it deliberately today are building the operational moat that will define competitive advantage in post-trade for the next decade.

Picture of Gaurav Mehta

Gaurav Mehta

Chief Commercial Officer

Linkedin

Leave a Reply

Your email address will not be published. Required fields are marked *

Stay ahead of what's next

Sign up for our monthly newsletter for insights, trends and updates shaping the future of post-trade and capital markets.
You can unsubscribe any time.