The Mystery Behind the Numbers

A host of recent compliance regulations in the US and the UK has shined yet another light on the need for clean reference data.

In the days when faster settlement was an industry goal, reference data was thought of primarily as a straight-through processing (STP) problem. With 40 percent of a trade composed of reference data, it isn’t difficult to see how flawed data could turn a viable trade into an exception or an erroneous trade, and an expensive one at that. A 2002 study by market research firm TowerGroup found that 20 percent of defective transactions accounted for 80 percent of the processing costs, a veritable

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

Chartis RiskTech100® 2024

The latest iteration of the Chartis RiskTech100®, a comprehensive independent study of the world’s major players in risk and compliance technology, is acknowledged as the go-to for clear, accurate analysis of the risk technology marketplace. With its…

T+1: complacency before the storm?

This paper, created by WatersTechnology in association with Gresham Technologies, outlines what the move to T+1 (next-day settlement) of broker/dealer-executed trades in the US and Canadian markets means for buy-side and sell-side firms

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here