The Data Challenges of Valuing Complex Securities

Rieger: Marc, you service a lot of internal constituents with data and pricing who have different needs. What criteria do you look for in a data provider to help you meet internal needs?

Marc Sabino, managing director, CFO, CTO and business risk manager, Citigroup Global Markets' municipal securities division: The complexity that we have to deal with from the municipal pricing area is that there are 1.7 million active CUSIPs out there—whereas when you look at the corporate high-grade market t