About a-team Marketing Services
The knowledge platform for the financial technology industry

A-Team Insight Blogs

For What it’s Worth…

Subscribe to our newsletter

Last week’s Xtrakter conference featured the opportunity for audience participation in the form of interactive voting – via remote control style touch pads in the main room and via delegates’ own mobile phones in the break out room. Now, as a journalist, I’m always keen on using a few stats to back up an argument but as technologically advanced as it would seem to be able to vote via mobile phone (like a reference data themed X-Factor), it doesn’t work terribly well when the venue is situated in a reception black spot…

Of course it meant the amusing sight of a number of data managers forced to walk about the room in a Monty Python-esque manner in order to be able to register a vote, but it likely means the results weren’t that accurate in reflecting the views of those in the room. Watching the bar charts jump up and down over the course of the discussions about a reference data utility and evaluated pricing practices was also a little distracting. However, for those that did manage to register their opinions, here’s a breakdown of the results from the two most relevant reference data questions: What is the most pressing challenge in the reference data space? (we can assume that 10 people voted here) Standard formats 40% Improved instrument coverage 20% Counterparty coverage 10% Reference data utility 20% Cost of reference data 10% This indicates that the majority were in favour of standardisation ahead of the development of a utility. What is the greatest barrier to progress? (the same 10 people with enough network coverage voted here too it seems) Lack of support from vendors 10% Lack of a legal mandate for data acquisition 10% Lack of definitive standards 70% Lack of awareness or interest 10% The results of this one are fairly obvious.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Building a Semantic Layer for Your Enterprise Data Estate

The democratisation of data has encouraged engineers to think about how to make their data estates more accessible and useable for non-technical business end-users. Translating intention into data action requires careful configuration that enables consumers to mine insight, analytics and value without having to use precise technical terminology. Data engineers achieve this through semantic layers,...

BLOG

With AI in Place, Now is the Time to Make it Pay: Data Management Summit New York City Review

Getting a return on the billions of dollars invested in artificial intelligence has become a defining theme of discussions over the past year and that was reflected in this year’s A-Team Group Data Management Summit New York City. With the technology’s honeymoon over, now is the time for payback; over a day of expert panel...

EVENT

RegTech Summit New York

Now in its 10th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Regulatory Data Handbook 2026 – Fourteenth Edition

Welcome to the fourteenth edition of A-Team Group’s Regulatory Data Handbook. Supervisors increasingly expect firms to demonstrate which rules apply, which data supports each obligation, who owns the control and how exceptions are identified and resolved. Policies and implementation programmes must now be supported by records that can withstand regulatory scrutiny. This edition examines material...