Tokyo Diary 3

michael-shashoua-waters

Discussions at today's Tokyo Financial Information Summit covered data management challenges in the Japanese markets

Just completed today's Tokyo Financial Information Summit program. My colleague Rob Daly and I will have a lot of coverage on the WatersTechnology and Inside Reference Data pages in the coming days, and there will be more in-depth analysis in the October issue of Inside Reference Data.

As mentioned in the first entry of this diary, the Tokyo market is protective of its market share, naturally, and in today's discussions pointed to the value of other local parties or participants in the Japanese markets. Namely, local market data vendors have a distinct advantage because the Tokyo markets and their data are all conducted in the Japanese language, notes Wayne Schmidt, head of market data technical services, Asia, at Nomura Securities.

This makes it a challenge for an outside data vendor to gain a foothold in the market, and an even bigger challenge for banks and financial firms looking to consolidate their data feeds, and thus get a better handle on both market and reference data, especially if a firm is trying to manage data from multiple markets.

This point was made during a discussion of spending trends and strategies involved in managing data. I'll have some closing thoughts on this trip in a final diary entry after returning home.

  • LinkedIn  
  • Save this article
  • Print this page  

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: