Over the last few years, the hottest title being thrown around finance is that of the chief data officer, or CDO for short. Banks both in the US and in Europe have seen an uptick in the number of firms creating the position, including Bank of America, Citigroup, HSBC and, most recently, Deutsche Bank.
But at buy-side shops, there's been pushback to the idea of ceding control of the firm's data away from the chief investment or technology officer and over to a CDO.
At a Buy-Side Technology confer
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails