Technology

Decoding the issue of reference data

Inconsistent reference data is an ongoing industry-wide problem that leads to time-consuming trade breaks and results in millions of dollars of unnecessary annual expenditure. The industry is considering creating a centralised reference data utility that would provide a global store of transaction information. In this Masterclass, John Mason, CEO of SmartStream's DClear Utilities, outlines the industry's efforts to address them. Writer Michelle Price

Trading

New shoots in the listings business

Larry Tabb, CEO of capital markets analyst firm Tabb GroupLarry Tabb, CEO of capital markets analyst firm Tabb Group

BATS Exchange's move into the US listings business in December signals growing competition in this space. But can high-tech upstart trading venues hope to make inroads into the high-touch listings business? Writer Michelle Price

People

Halil Husnu Erel

Halil Husnu Erel, Turkiye Garanti Bankasi's general managerHalil Husnu Erel, Turkiye Garanti Bankasi's general manager

Turkiye Garanti Bankasi's general manager for technology was instrumental in overseeing the bank's launch of the world's first online-only Western Union transfers system and is now driving the development of a contactless 'e-purse' card, which looks set to reaffirm Garanti's status as a leader in retail banking innovation. Writer Michelle Price

Comment

A single view misses the bigger picture

Chris SkinnerChris Skinner

Implementing a single customer view will cost millions, requires major system shake-ups and will take different forms across different countries. Is it worth the upheaval?