The Counterparty Challenge

Basel II

For professionals working in reference data, it is often said that regulation is your best friend. This has definitely been true for counterparty data companies recently. Europe's Markets in Financial Instruments Directive, Know Your Customer and Anti-Money Laundering directives have all resulted in counterparty data climbing the back-office agenda. And the hottest addition to this list is Basel II. High-quality counterparty data is seen as significant for firms to comply with Basel II, which de