Ref Data Quality 'Increasing in Importance'

Vienna - Implementation of reference data management systems and improving reference data quality are climbing up the agenda at financial institutions, despite the financial crisis, as more start to see the advantages of using a centrally managed database, according to the fifth consecutive global reference data survey by software provider Aim Software.

The online questionnaire, which surveyed around 340 participants from 58 countries, revealed that reduction of errors, cost reduction and risk ma