Global funds transaction network and Future50 FinTech pioneer seeks to further reduce frictional cost
of trading mutual funds, from fund manufacturer to end investor, by placing marketplace on a blockchain, the company said.
That allows us to operate at a much lower price point, reducing frictional cost
Our analysis demonstrates that this feature places limits on catastrophe bond penetration, even if the structure possesses frictional cost
advantages over reinsurance.
My concern with the regulation is not disclosure; it is the frictional cost
of disclosure and the unintended consequences of compliance.
As a software company, Peregrine understands that customers experience considerable frictional cost
and operational challenges in integrating software applications and systems.
A great example of a frictional cost
is the loss load on many retrospectively rated reinsurance contracts.
Sustained competition reduces the frictional cost
of trading, creates trading opportunities through price discrimination and stimulates equity turnover in Europe.
The advent of browser-based technologies and data exchange protocols promised to overcome the frictional cost
of doing business across insurers, brokers and reinsurers.
9) Cummins, Lin, and Phillips (2005) find, on an empirical basis, that the Myers and Read way of allocating the frictional cost
of capital is reflected in the insurance premiums observed.
The share of frictional cost
in the total cost of insurance ranges anywhere from 5 percent to 40 percent, Landry says.
One frictional cost
is management's unwillingness or inability to make optimal capital investment decisions.