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

A-Team Insight Blogs

Tabb Group Report Cites Critical Role of Reference Data

Subscribe to our newsletter

Underscoring A-Team Consulting’s own research in this area, Tabb Group’s new report on the future of trading-related technology, points to reference data’s critical role in achieving the much-vaunted goal of straight-through-processing. Tabb describes external STP as “moribund” post September 11 and the demise of the GSTPA. However, the report – published last month and entitled Trading on the Future: A Brief Look at the Future of Financial Markets Technology – says internal STP is alive and flourishing, and dependent on reference data for its success.

Tabb warns that “many firms … prefer to be trading masters rather than data aggregators. They want to concentrate on making markets and executing customer trades, and not on the data. Thus they risk not having their house in order, mispricing trades and misanalyzing risk.” In its own research in this area – Securities Administration Data: The Essential Piece of the STP Puzzle – A-Team Consulting sited a Capco study that identified the lack of a reference data strategy as the primary cause of failed trades, which currently run at around 25% of all transactions.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Tackling digital transformation challenges for operations teams

Digital transformation is a hot topic in capital markets, promising modernisation, better decisions, and faster time to market. It can deliver innovative front-office customer-facing applications and cloud solutions – but what is often forgotten is the role, and importance, of the back office in these transformative programs. Digitisation can only be as effective as the...

BLOG

Arteria AI Plans Global Growth Acceleration of Digital Documentation Solution Following Strategic Investment

Arteria AI is planning to accelerate global growth of its enterprise digital documentation software following strategic investments from Citi SPRINT (Spread Products Investment Technologies), the strategic investing arm of the bank’s Global Spread Products division, and the Business Development Bank of Canada (BDC). Citi and BDC Capital join investors in Arteria AI including Information Venture...

EVENT

RegTech Summit APAC

Now in its 2nd year, the RegTech Summit APAC will bring together the regtech ecosystem to explore how capital markets in the APAC region can leverage technology to drive innovation, cut costs and support regulatory change. With more opportunities than ever before for RegTech to add value, now is the time to invest for the future. Join us to hear from leading RegTech practitioners and innovators who will share insights into how they are tackling the challenges of adopting and implementing regtech and how to advance your RegTech strategy.

GUIDE

ESG Data Handbook 2022

The ESG landscape is changing faster than anyone could have imagined even five years ago. With tens of trillions of dollars expected to have been committed to sustainable assets by the end of the decade, it’s never been more important for financial institutions of all sizes to stay abreast of changes in the ESG data...