Big Firms Turning to Utilities
DTCC's Clarient Goes Live with Big Banks on Board
More and more firms are considering utilities to manage client entity data, says Matthew Stauffer, chief executive officer of Clarient Global.
Stauffer was speaking to Inside Reference Data as the company's new entity hub—a centralized reference data and document utility—goes live with five major market participants.
Stauffer says research by Aite Group shows 88% of firms are considering such a solution to manage their entity data.
Clarient Entity Hub is now operational with five major banks
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