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

Talking Reference Data with Andrew Delaney: Getting Real About The Utility Model

Subscribe to our newsletter

There’s been a lot of air – some of it hot – expressed around the concept of a shared utility for reference data management. On my travels around the City, and on Wall Street, I get the sense of a polarisation of views, between the perhaps naively optimistic and the deeply cynical. What’s a utility anyway, and how would one compare to managed or hosted services? And where does cloud come into it?

Add to these fundamentals questions about business model, key drivers for participants, and logistical issues around operating a multi-tenant, multi-source entity that meets mission-critical-status SLAs, and you have quite a lot to talk about. Which is why we’re running next week’s webinar: Hosted/Managed Reference Data Services and the Emerging Utility Model.

Starting with the premise that the on-site data management model is broken, and that existing resources have been squeezed to breaking point, we’ll be looking at whether the utility model is the solution for our industry truly to do more with less, as seems to be expected everywhere.

Joining me next Tuesday at 3pm London time, 10am New York time, will be a panel of experts operating at the coalface of the utility model. Tom Dalglish recently joined iGate Global Solutions from UBS as Head of Transformation: Financial Instrument Managed Services. As readers will know, iGate has teamed with Markit EDM to offer … well, we’ll hear from the horse’s mouth just what is on offer, although Tom’s title certainly gives a sense of what’s in store.

Paul Kennedy won’t mind if I describe him as a reference data war-horse. He’s spent time – my words, not his – with the likes of Reuters, Telerate, Bridge, Goldensource, Interactive Data and Platt’s, most recently as data scientist. He’s now looking after sales and marketing at 1View Solutions, operator of RefData.com. Go take a look to get a preview of what these guys are about.

Finally, we’ll be joined by Nick Taplin, Global Data Strategy Consultant at SmartStream, whose Central Data Utility (CDU) is a, erm, utility solution for a swathe of reference data types, including instrument and entity data. Indeed, you can read about its approach for the latter by downloading the white paper we wrote together last year.

I hope you can join us next Tuesday. It’s free and you can sign up by clicking here. Needless to say, there’ll be an accompanying special report, and we’ll be recording and posting the whole thing for consumption later at your convenience. But we’d rather have you come on board and ask questions live, not least because it opens angles we’ve not yet thought of.

Looking forward to a juicy debate.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating a Complex World: Best Data Practices in Sanctions Screening

As rising geopolitical uncertainty prompts an intensification in the complexity and volume of global economic and financial sanctions, banks and financial institutions are faced with a daunting set of new compliance challenges. The risk of inadvertently engaging with sanctioned securities has never been higher and the penalties for doing so are harsh. Traditional sanctions screening...

BLOG

Agentic AI Deployment Presents Potentially Dangerous Data ‘Trust Paradox’

Artificial intelligence deployment in capital markets’ data processes may be approaching an inflection point that, if not managed properly, could introduce dangerous risks to institutions’ operations. The growing deployment of anonymous agents has the potential to hardwire data errors into workflows, magnifying data weaknesses as the automating technology scales processes, according Informatica from Salesforce. The...

EVENT

AI in Capital Markets Summit London

Now in its 3rd year, the AI in Capital Markets Summit returns with a focus on the practicalities of onboarding AI enterprise wide for business value creation. Whilst AI offers huge potential to revolutionise capital markets operations many are struggling to move beyond pilot phase to generate substantial value from AI.

GUIDE

Regulatory Data Handbook 2021/2022 – Ninth Edition

Welcome to the ninth edition of A-Team Group’s Regulatory Data Handbook, a publication dedicated to helping you gain a full understanding of regulations related to your organisation from the details of requirements to best practice implementation. This edition of the handbook includes a focus on regulations being rolled out to bring order and standardisation to...