NEW YORK--Market data vendors may now be scrambling to ensure that they've thought of everything in preparation for the introduction of the euro. Inside Market Data spoke with Jeffrey Maron, who heads Reuters' euro effort and Julie Burnett, euro project manager, who explained the range of changes that will have to take place over the conversion weekend.
Reuters says it has spent 300 man years and $16.7 million on its euro conversion program however, a lot of work has yet to be done. Four mill
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails