The Rise and Rise of APIs

Firms need flexible access to the reference data required to ensure workflows can proceed without interruption. ‘One-size-fits-all’ bulk data licensing models are increasingly less fit for purpose.

Data-as-a-Service can provide easy access to live streaming data and analytics at any time and anywhere.

The absence of a common language to unify the identification of financial instruments between trading participants across a trade lifecycle, necessitates good symbol management. This can also translate into distinct competitive advantage for firms who can offer interoperability services for their clients’ preferred infrastructures.

Reference data has been on a journey for many years. A decade ago, in the reconciliation-based world of post-trade, tolerated levels of inaccuracy were high single digit percentages and in some cases beyond.

Surfacing for air after financial crisis recovery, firms are now able to execute their post-crisis management strategies and now is a good time to invest for competitive advantage under regulatory initiatives, or is it?

From our armchair viewing, we are all used to the themes of the more popular forensic TV series applying science with creative thinking processes, sometimes being out of the box, to arrive at a high confidence level conclusion of whodunnit, but are there any parallels with financial regulatory investigations? Well, at least we hope that no dead bodies are found following regulatory investigations, although the well-worn phrase of knowing where to find them still resonates a decade after far reaching reform and surely, there must be a few skeletons, at rest, in cupboards, somewhere?

Not just here and now, but now and then - Regulatory data transformation and history

Down but not out after MiFID II

Trading Systems Interoperability in Exchange Traded Markets