The standardization of the way the Over-The-Counter bi-lateral derivatives industry records and digitizes trade details is hugely important. But the process of achieving those methods of standardization is anything but simple. The brand new episode of our ‘Ahead of the Curve’ #podcast series sees our panel of experts discuss why data standardization in OTC Derivatives is so vital and how the industry can look to prepare.
To get under the skin of this highly topical issue, Fred Dassori and Richard Barton from AcadiaSoft are joined by Donal Gallagher, Chief Executive at Quaternion Risk Management, who shares his outlook for standardization: “The industry is ready for standardization, but in practise I think firms need to allow more time. I think they need to start earlier on this journey of preparedness to allow more time for testing, to allow more time for processes to bed in and to understand what standardization needs to be put in place”.
Listen to the full discussion, tune in to the latest episode ‘Crunch-time: why data standardization in OTC Derivatives matters’