You are here: Home / Company / News / Brokerage / Trade expenses are cutting into bank profits by 20% Trade expenses are cutting into bank profits by 20% November 22, 2021/by Meritsoft Bank Automation News podcast. Trade expenses can reduce profits by 20%, with brokerage-related fees being a top-three business expense for many financial institutions, but automation could be the solution. Meritsoft’s Daniel Carpenter discusses post-trade automation with Bank Automation News in this episode of “The Buzz” podcast. Listen to the podcast here. To learn more about the issues discussed, and some of the solutions, download our report ‘A New Era in Trade Expense Management’. Tags: Brokerage Share this entry Recent Posts CSDR Buy-ins are out, for now at least. November 25, 2021 Trade expenses are cutting into bank profits by 20% November 22, 2021 A New Era for Trade Expense Management September 22, 2021 Meritsoft signs new client for CSDR automation July 20, 2021 A complete CSDR automation solution July 20, 2021 Categories 871m regulation Blog Brokerage Brokerage Fees & Billing Claim Management CSDR Fails Management FTT Meritsoft MiFID2 Podcast Regulation Research Tax Tax regulation Video Terms & Conditions Privacy Notice Disclaimer Copyright Awards 2014 & 2015 Entrepreneur of the Year Products FINBOS Platform 871m Tax Manager MiFID II / Research Claim Manager 305c Tax Manager Financial Transaction Tax Manager Company About Case Studies Contact Address Dublin (Head Office) Eagle House, 16 Wentworth, Eblana Villas, Dublin, D02 HV08, Ireland Tel: +353 (1) 676 6311 Address London 4th Floor, Block A, 6/7 St Cross Street, London, EC1N 8UB, United Kingdom Tel: +44 (203) 865 4641 New York 55 Hudson Yards, 26th Floor, New York, NY 10001, United States Tel: +1 (914) 306 3572 © Copyright Meritsoft 2020, Terms & Conditions