Asian Markets Confront Data Centralization Issue

Marc Anthonisen

Centralization of reference data in Asian markets is a massive challenge with no easy answers, according to participants in a panel discussion at the Tokyo Financial Information Summit sponsored by Incisive Media.

Many firms in the region are caught between strategies of localization and centralization, explained Raymond Yeung, manager of the project management office, business systems and web products, in the information technology division at Nikko Asset Management.

"We believe in knowing the