The combination of cost, complexity and compliance are driving managers of reference data to examine new delivery models that avoid the duplication, manual intervention and expense of current business methods. But is a utility or managed service provider the best way forward?
From recent industry conversations, not only do many believe it is, but are actively transforming organisations in preparation for this likely eventuality. Join our panel of leading experts at next week’s A-Team Group Data Management Summit on March 6 in London, who will offer insight and fresh perspective as to how the groundwork is being laid and where it could deliver real business benefit.
We will not only discover what other business advantages can be derived from using a utility provider, but what groundwork is necessary work towards achieving this structure and also to remain compliant with regulatory obligations.
Many basic data elements such as KYC, LEI and customer on-boarding information is replicated across the industry and would lend itself to a shared services model, but let’s find out from the panel how far they believe this process can be taken and what other responsibilities a utility might handle.