Large Nordic-based banks are discussing setting up their own data pool to help them meet new market risk rules, Risk.net has learned, continuing a trend of regions looking to pool data privately and avoid third-party vendors’ global utilities.
The Nordic banks are the latest regional bloc considering shunning global data utilities in favour of a regional data pool based squarely on local markets. The goal of the pool – which would aggregate banks’ local trade data – would be to lessen the
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