Firms Expected to Focus on Counterparty and Corp Actions Data to Manage Risk

Sydney - The financial crisis is expected to push more Australian firms into reviewing counterparty data strategies and improving corporate actions processing to help manage risk, according to panelists at the FISD Asia-Pac Road Show in Sydney, organized in conjunction with Inside Reference Data and Inside Market Data.

Sydney-based Michael Meaney, director, business development, Asia Pacific, at enterprise data management vendor Asset Control, said counterparty risk is the topic everybody asks

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