Forget CDOs and Switch Vendors Every Two Years, Data Specialists Argue

Participants at a Waters roundtable lambast data providers, extoll virtues of hybrid model.

The roundtable was held at The Shard, in London.

At a roundtable hosted by Waters at the conclusion of the Rimes Data Governance Conference II held on November 4 at the Shangri-La Hotel in The Shard in London, participants stressed the need for data teams to sit on their own within their organizations, adding that information, rather than data, is the essential lifeblood of a modern asset management firm. All speakers, from UK-based medium-to-large investment management firms, appeared on condition of anonymity.

"My data team at my organizatio