Firms Will Stick to Internal Standards and Later Map to OFR Standards, Say Speakers

thomas-llaneza

NEW YORK—Firms will continue to use internal standards and complete a mapping exercise to meet the standards required for reporting data to the reference data utility the Office of Financial Research (OFR) in the US, if it becomes a reality, according to a panel of users at the North American Financial Information Summit in New York in May.

Panelists said there are internal meetings to prepare for the potential set-up of OFR, with one focus area being implementation and standards. The main issue

To continue reading...