NEW YORK—There is no one-size-fits-all solution for managing data for risk management, according to speakers at the North American Financial Information Summit.
Panelists said precision is required since there is a lot at stake, but there may not be one solution that fits all businesses. Peter Serenita, global head of data management, HSBC, said the solution needs to fit with a firm's culture. "One size doesn't fit all," he said.
In addition, each application may have its own view of how risk is
Bryan Harkins joins to discuss how the CBOE-Bats integration is going and plans for the exchange operator going forward. Anthony and James talk about the SEC hack and Esma's potential new powers.Subscribe to Weekly Wrap emails