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

Calyon’s Moutot Elaborates on Centralised Counterparty Database Challenge

Subscribe to our newsletter

Calyon has been engaged in a lengthy project to connect its “patchwork of IT systems” for counterparty data and has, thus far, managed to eliminate 30,000 duplicates, said Serge Moutot, the firm’s head of global referentials management. He explained to FIMA delegates that the decision to centralise and integrate counterparty data across the firm was taken following the merger of Credit Lyonnais and Credit Agricole.

“We had 65,000 records at the start and now we have 85,000 counterpart records in the new centralised system,” he told delegates. “There is now full synchronisation across the organisation with the central database and we have moved at a rate of one migration per month.”

The project has not yet been completed but the main regional hubs have been tackled, including Paris, London and New York, said Moutot. The types of data are harmonised across the central and the local systems, although certain complex elements are still managed at the level of the country. Due to the common data vocabulary, it has become easier to deal with discrepancies and processing costs have been reduced, he said.

Nearly all counterparts are now listed in the central database: “At the beginning, 30% of counterparts had a unique identifier and now 80% are covered.”

Moutot’s team was created in July and the focus for the data management project for the next year will be on migrating the Hong Kong office to the centralised golden copy data, ongoing administration and creating a “middle office” space for discussion between the back office and the front.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Deploying market infrastructure managed services

Traditionally, trading organisations have procured and managed hardware themselves or through a third-party to support data services in a hosted environment – but as large firms look for efficiencies and smaller firms seek external help so they can focus on their core business, a shift in infrastructure ownership is needed. This can be achieved by...

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

TEST Event page 1

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

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...