Technology giant IBM is developing a utility-style reference data service that will allow firms to outsource data collection and scrubbing for creating "golden copy" securities masterfiles, officials tell Inside Market Data.
The service has emerged from the reference data consulting that IBM already performs for firms on an individual basis. The company now hopes that firms will want to outsource non-proprietary components of the process.
"A lot of the components are common… and some elements
Bryan Harkins joins to discuss how the CBOE-Bats integration is going and plans for the exchange operator going forward. Anthony and James talk about the SEC hack and Esma's potential new powers.Subscribe to Weekly Wrap emails