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Often [[triparty agent]]s are behemoth banks like JPMorgan, Bank of New York Mellon, or clearing systems like Euroclear. | Often [[triparty agent]]s are behemoth banks like JPMorgan, Bank of New York Mellon, or clearing systems like Euroclear. | ||
Negotiating in a triparty arrangement can be quite the three-legged race. It can be like dealing with an architect and a builder who blame each other every time the ceiling collapses. | |||
===How it works=== | ===How it works=== | ||
See handy diagram over yonder ==>. | See handy diagram over yonder ==>. |