ECB and Finsoft Propose Reference Data Utility
What triggered your initiative to propose a utility for securities reference data?
Francis Gross, head of external statistics, European Central Bank: In the CSDB project, we experience ongoing issues with the quality of securities reference data and suffer from the cost that imposes and the impact on the quality of statistics we can give to policy-makers and the public. We also realized that all industry participants have a similar experience. We then took a closer look at the way data is
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