Not only is Reference Data Review providing you with your usual Christmas stocking full of news and analysis this year, we’ve also taken on the delivery of wish lists to Santa’s grotto in Lapland (or thereabouts). One of our brave readers has written in with his list of requests for the man in red, should he decide to deliver something useful for the reference data faithful instead of his usual sack of goodies down the chimney this year.
The data manager in question is hoping for four ‘presents’ this year (although we fear he may be disappointed on Christmas morning):
1. That reference data standards are resolved once and for all by allowing all data vendors to supply fields that are consistent with those appearing on front office terminal screens and that regulators provide intellectual property dispensation to support this.
2. Bonds are assigned an official end of day price source (equivalent to equities’ official exchange closing prices) instead of the multiple versions of prices we all have to contend with at present.
3. Prompt publication of dividend announcements, as needed for income calculations, is made obligatory for all global equities markets.
4. The “Wall of Regulation” is made into a concept album by a reformed Pink Floyd