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: How to organise, integrate and structure data for successful AI

Artificial intelligence (AI) is increasingly being rolled out across financial institutions, being put to work in applications that are transforming everything from back-office data management to front-office trading platforms. The potential for AI to bring further cost-savings and operational gains are limited only by the imaginations of individual organisations. What they all require to achieve...

BLOG

Navigating the Complex New Sanctions Landscape: Webinar Preview

The criticality of sanctions to the armoury of international relations has been amplified over the past decade as geopolitical and trade tensions have intensified. Since Russia’s annexation of Crimea in 2014 and its attempted full-scale invasion of Ukraine in 2022, governments around the world have increased sanctions on nations and entities by 700%, according to...

EVENT

TradingTech Summit New York

Our TradingTech Briefing in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

Regulatory Data Handbook 2024 – Twelfth Edition

Welcome to the twelfth edition of A-Team Group’s Regulatory Data Handbook, a unique and useful guide to capital markets regulation, regulatory change and the data and data management requirements of compliance. The handbook covers regulation in Europe, the UK, US and Asia-Pacific. This edition of the handbook includes a detailed review of acts, plans and...