Frankfurt Summit: Panel Highlights Need for Improved Due Diligence in Pricing Processes

Firms need to complete thorough due diligence of methodologies and quality checks adopted by vendors when taking evaluated pricing services, according to panelists at the Frankfurt Financial Information Summit.

Peter van Kleef, managing director, Lakeview Capital Market Services, said as part of the due diligence process, firms should review price quality and question the provider's motives for coming up with a specific price. "There's no point in paying anyone for a price if it's not the real

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