The businesses need to automate more of their post-trade processes, suggested a report from TABB Group.

The 'Processing complexity: Back office challenges of listed derivatives' report, states that the increased use of derivatives in trading strategies is creating greater complexity in the front and back office.

Derivatives volumes have expanded at a 21 percent compound annual growth rate since 2003, the report states, prompted by the extensive regulation around over-the-counter protocols.

Andy Nybo, head of derivatives research at TABB Group, said the cost of managing this increasing complexity through manual processes was "no longer sustainable".

"The increased sophistication of investment portfolios is creating an entirely new set of challenges that begin to manifest themselves when volumes rise and manual post-trade processes simply cannot keep up with trading desks' demands."