Market participants typically use Microsoft Excel spreadsheets to perform pricing, valuation and risk calculations─with inputs such as models, curves, assumptions, market data, trade data and reference data all contained within spreadsheets. However, this method is "dangerous" and prone to error, according to Rob Garfield, global head of product marketing at Fincad.
"In the traditional approach, market data, models, curves, everything is self-contained in spreadsheets with all these complicated
Anthony and James look at developments pertaining to the Consolidated Audit Trail and wonder if big-tech companies could challenge traditional asset managers.Subscribe to Weekly Wrap emails
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