Our latest Executive Summary, sponsored by Asset Control the white paper “Establishing Control: Buy-Side Data Management Challenges” highlights several key trends and data management obstacles current in today’s market.

Those include:

• Price transparency – Until a sufficient source of pricing and valuation is established, data collection, especially for complex instruments, remains largely manual and time consuming. Standardized, integrated and quality-controlled data is needed to create a clean set of prices for daily mark-to-market and risk management.• Volume growth – The sheer weight of data generated by increased volumes, with spectacular growth from OTC derivatives, has been difficult to manage in a structured and effective manner. Data availability and consistency using a centralized approach is crucial to handling volume growth.

• Expansion of asset coverage – Buy-side investments are becoming more diverse with the adoption of multi-asset trading strategies including alternative investments. Fragmented front-to-back office processes, disparate spreadsheets and application-based reference data silos can lead to increased errors and maintenance issues.

• The post-MiFID world – The introduction of MiFID has increased the volume of price and trade data firms need to manage and has made it more challenging for buy-side firms to locate available liquidity and gauge its depth. Fragmentation of dark pools of liquidity and sources of data as well as an increasingly complex post-trade environment have accentuated the need for reliable access to consistent and complete data, while the cost of data rises due to buy-backs.

To receive a free copy of this report, please send your name, job title, address and phone number to marketing@lepus.com and we will ask the sponsors of the report to email a copy to you.

Tagged with: 2009, buy-side, Executive Summary