Increased Resources for Counterparty Data Post-Lehman
LONDON - Turbulent market conditions and increased regulatory pressure has resulted in a growing number of firms prioritizing counterparty initiatives, and many consumers expect to have improved systems and processes next year.
Thirty-one percent of data consumers say firms have devoted extra resources to counterparty data management post-Lehman, according to a poll held during a panel at Inside Reference Data's European Financial Information Summit in London in September.
The current initiatives
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