The Rise of the Multi-Firm Financial Data Utility
Strapline: Industry Warehouse
Financial institutions face three often competing challenges, all of which must be managed simultaneously: bringing down the cost of data management; improving data quality and transparency; and achieving regulatory compliance. As these pressures continue to rise, the market is more ready than ever to adopt a reference data utility, having recognized that traditional silo-based reference data management processes are no longer viable.
A combination of regulatory pressure and demands for greater
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