According to John Madsen, head of market data at Saxo Bank, who delivered a presentation on the bank's data strategy at Inside Market Data's European Financial Information Summit last week, a data governance model that establishes "ownership" of data within an organization, and which fits within a firm's overall business strategy, is a key foundation of being able to reduce costs.
"There must be clear ownership of who handles data, and who picks up the bill," Madsen says. "We centralized [data ma
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