Euroclear's Groot on Data Utilities

Martijn Groot of post-trade services vendor Euroclear explains how data utilities can help financial firms reduce costs and improve data quality

Euroclear, in partnership with SmartStream, operates a centralized reference data utility.

Here, Martijn Groot, Euroclear's director, product management, Central Data Utility, explains why data utilities are an attractive choice for firms that previously preferred to invest only in technology and keep their data in-house.

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