Knowledge of how a utility could add value to capital markets firms is increasing, with widespread agreement on the fact that moving data to a fully operational industry-led reference data utility can be effective for reducing risk.
In today’s market, many firms recognize the benefits of collaborating and backing an industry-led initiative to get the data right. Managing reference data in-house is no longer considered a competitive advantage.
This animated video is based on a whitepaper that analyses the results of a recent WatersTechnology survey and provides insights into the most important ways utilities could deliver value to an organisation. The paper further discusses how each capital markets firm now has the opportunity to move reference data to a utility and take enterprise data management to an industry level.