Press Release: 29 January 2009
Asset Control, a world-wide leader in financial data management solutions, has released a new white paper completed by London-based Lepus management consultancy, on the changing buy-side landscape and impact on data management practices as a result of the current financial crisis and other significant industry changes over the past several years.Entitled “Establishing Control: Buy-Side Data Management in a Changing Landscape” and derived from Lepus’ industry search studies on the subject, the paper highlights several key trends and data management obstacles as they relate to price transparency, volume growth, expansion of asset coverage, and the post-MiFID world:
• Ultimately, managing price data is a universal challenge facing buy-side institutions holding OTC derivatives. Until a sufficient source of pricing and valuation is established, data collection, especially for complex instruments, remains largely manual and time consuming. Standardized, integrated and quality-controlled data is needed to create a clean ... more »
