EDM: panacea or palliative?

Data management, arguably among the most frequent cause of operational headaches at buy-side firms, remains a less than thrilling yet fundamental issue for many in the industry.As more and more managers move beyond standard long-only equity investments to more complex asset types and trading strategies, problems of cleansing, storing, distributing and reconciling data across multiple systems have become commonplace.Heightened awareness of the links between data management and everything from