Creditex co-founder and CEO Sunil Hirani discusses volume growth and the industry's increased need to attend to operations issues. Hirani acknowledged that the industry is working harder than ever on resolving the issues saying that more effort is required now because "... volumes have increased significantly. Second, the issue is more relevant because in volatile markets, the cost of not acknowledging and confirming trades close to the trade date is greater. Hence, the potential loss is much greater."
