Financial markets have long been all about data; it is essential to negotiating and confirming the terms of proposed trades, to executing transactions and to settling transactions. Additionally, a large part of trading strategies, risk management, compliance and regulatory oversight depends on data about historical transactions and client activities.
The acceleration of modern technology adoption, increased collaboration and evolution of business demand, all have the potential to drive large-scale change for the industry. Data will remain vital – but how it’s stored, organized and exchanged is changing rapidly.
Related: Read Our Data Strategy & Management in Financial Markets White Paper
In this DTCC TV video, DTCC’s Kapil Bansal, Managing Director and Global Head of Business Architecture, Data Strategy and Analytics, addresses the current and future state of data exchange and management across the financial services industry.