Another and more realistic take is that it was always going to be a tough job to get a 24-strong board representing many of the diverse participants in the industry to agree so readily to what would have been such a fundamental change. This is a point that Jonathan Butterfield, CLS’s executive vice-president of communications and marketing, is keen to stress.
“It’s very rare, if you are talking about a big industry-level change, to be able to roll out a new vision straight away.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access