The Quest for Quality

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Firms will find it worth the money to improve their reference data. By Patricia Y. Tsien, partner, Accenture

We live in an age of data overload. Every year, the world generates an estimated two exabytes (2 x 1,018 bytes) of information. Tracking, storing and managing that data has become a major global challenge.

Nowhere is this problem more acute than in the capital markets industry, where enormous amounts of information are produced every day with each trade. And while data storage may be op