Content Quality Remains Key Concern

When assessing different content providers, panelists agreed that quality ranked as a top priority when deciding from whom to source data, and cannot be taken for granted. "A supplier is not de facto a sound supplier," warned David Berry, market data sourcing specialist at UBS.

Therefore, panelists said, firms must assess data provided by each vendor according to three key criteria-accuracy, timeliness and completeness. Phillippe Rozental, head of asset servicing at Société Générale, said he

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The Cusip lawsuit: A love story

With possibly three years before the semblance of a verdict is reached in the ongoing class action lawsuit against Cusip Global Services and its affiliates, Reb wonders what exactly is so captivating about the ordeal.

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