| Why Managers are Demanding Consolidated Positions Data |
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This paper identifies some of the key market drivers that are forcing the investment community to adopt data management practices that enable aggregate position keeping across their organizations and how an enterprise data management strategy can help achieve this. In a sector in which consolidation continues to feature prominently, many firms are forced to address the problems created by the disparate sets of data mergers and acquisitions bring. Furthermore, with the rapid growth in the breadth of instruments being traded and the current inability of many of the established systems to handle such data, firms are compelled to use short-term tactical solutions to address their immediate operational issues. This serves to further exacerbate the problems posed by multiple 'versions of the truth' of position data.
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