Associations Launch Utility Activities, But Questions Still Raised Over Centralized Approach

HONG KONG/WASHINGTON, DC - The reference data utility propositions led by the European Central Bank (ECB) in Europe and the National Institute of Finance (NIF) in the US, have generated momentum in recent weeks, with the launch of several related programs to help facilitate discussion around the initiatives, but there are mixed views about the viability of the work, officials tell Inside Reference Data.

Both utility proposals are addressing systemic risk needs, and the activities are aimed at en