A new era of regulatory change is presenting institutions with a golden opportunity to prosper from the troves of data they need to comply with reporting obligations.
Information required by market overseers has value that goes beyond its obligatory use in disclosures and companies that put it to wider use stand to gain a competitive advantage and build resilience.
And with regulators also upping their digital capabilities, confidence is rising in the quality of the data they issue, offering further potential for value-creating insights.
“Institutions need more granularity to support their trading strategies, and some of those requirements are aligning with the additional data that the regulators are looking for,” said Linda Coffman, Executive Vice-President of Reference Data Services at Smartstream. “It’s a nice blend or roads coming together.”
