Fresh from its acquisition of Clearstream International, Deutsche Borse is considering launching a reference data service to complement its planned corporate actions and new-issue data services. These latter two services will be offered to vendor redistributors, some of which are currently testing the service for German and Luxembourg equities and fixed-income instruments. Deutsche Borse hopes it can wrest business from dominant suppliers like WM DatenServices by offering lower-cost access via the Internet, as well as the opportunity to consolidate data supply from a single entity. The exchange is currently evaluating the costs of establish a reference data service as part of this wider offering.
A-Team Insight Blogs
Deutsche Borse Mulls Offering Reference Data Services
Increasing cost, complexity and regulatory change continue to challenge firms implementing client onboarding and Know Your Customer (KYC) systems. With an effective strategy and a clearly defined pathway, it’s possible to gain a valuable competitive advantage whilst meeting those all-important compliance requirements. But how to get there? With a myriad of different options out there...
Global LEI Foundation Aims to Accelerate LEI Adoption by Slashing Prices of the Identifiers to Single Digit Dollars
The Global LEI Foundation (GLEIF) is planning to tear down the cost barrier obstructing widespread adoption of the LEI with the implementation of a validation agent role for banks and financial institutions. Expectations are that frequently contended high prices charged to register an entity for an LEI – by way of example Bloomberg charges $65...
The RegTech Summit Virtual is a global online event that will be held in June 2021 with an exceptional guest speaker line up of RegTech practitioners, regulators, start-ups and solution providers to collaborate and discuss innovative and effective approaches for building a better regulatory environment.
The on-site data management model is broken. Resources have been squeezed to breaking point. The industry needs a new operating model if it is truly to do more with less. Can hosted/managed services provide the answer? Can the marketplace really create and maintain a utility-based approach to reference data management? And if so, how can...