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: In data we trust – How to ensure high quality data to power AI

Artificial intelligence is increasingly powering financial institutions’ processes and workflows, encompassing all parts of the enterprise from front-office to the back-office. As organisations seek to gain a competitive edge, they are trialling the technology in variety of ways to streamline and empower multiple use cases. Some are further than others along the path to achieving...

BLOG

Data Standards Bring Many Gains (If You Have the Right Setup): Webinar Review

Standards and identifiers are helping to improve the quality of data used by capital market participants, but organisations with legacy architectures are finding it challenging to capitalise on those benefits, according to polls by A-Team Group. Half of respondents to surveys held during a recent A-Team Group Data Management Insight webinar said that data standardisation...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...