Interview: Chambadal Explains SmartStream's Involvement in SPReD Utility

In the 10-minute interview, Chambadal touched on what the SPReD is and what it seeks to achieve; the appeal of creating a reference data untility to the three banks, who put aside their competetive differences to collaborate on the project; and what SmartStream brings to the table as the initiative's technology partner.

For more information on the official launch of the SPReD utility, please click on this link.

Additional issues/questions addressed during the interview include:

• How SPReD functions in relation to data feeds from major data vendors. Does it enhance their offerings or compete with them?
• How SPReD addresses referencing mismatches in firms' data, and how it ensures correct cross-referencing of data.
• How SPReD has performed in comparison to SmartStream's expectations.
• Have there been any tweaks to the platform since its launch?
• What are the next steps in terms of building SPReD's presence as an industry-wide reference data utility?
• What did SmartStream hear from its end-user firms in terms of their need for a reference data utility, which led to the establishment of the platform.