Toronto Financial Information Summit: Quality, Methodology Increasingly Key to Accurate Evaluated Prices
The need to ensure accurate evaluated prices is forcing end-user firms to not only demand that valuation vendors provide increased transparency around the methodologies of their prices, but also to ensure they have internal processes in place to review the quality of this data to meet regulatory requirements, said panelists at the Toronto Financial Information Summit.
Kerry White, managing director of global product management in Bank of New York Mellon’s Asset Servicing division, said that many
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