Standard data models in financial institutions
8. Which standard data model do you use for managing your reference data?
Worldwide, companies prefer to rely on their own data model. Only 17% state to draw on ISO 15022 and just 9% find ISO 15022 useful for their purposes. MDDL, the Market Data Definition Language, is relevant for 3% only. 19% name other data models as their corporate standard. 25% do not use a data model.
Which regulatory requirements do you consider to be driving forces for reference data automation?
Results 2010
FINAL RESULTS OF THE AIM GLOBAL REFERENCE DATA AND RISK MANAGEMENT SURVEY 2011 AVAILABLE NOW
