Ref Data Panel: Trust, Governance Key for Data Management

Michael Stephens, project manager at HSBC, said the confidence to trust the accuracy of data is a major concern for clients. Accurate data generates trust in both the vendors supplying the data and in firms' data management strategies overall, Stephens said. "People will not take instrument reference data feeds if they are concerned that data is not accurate," he said.

Client demand is a major driver of firms' focus on accuracy in order to improve services for the buy side, according Chris Jo