Northern Rock Outsources Data

NEWCASTLE UPON TYNE-Northern Rock has signed a three-year agreement with London-based legal entity data vendor CounterpartyLink to support its counterparty database and help reduce the risk of regulatory failure.

Under the agreement, CounterpartyLink will provide and maintain legal entity data for the Newcastle Upon Tyne-based financial institution. David Morrison, assistant director of treasury control and compliance at Northern Rock says that as regulatory requirements become more onerous a

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