Citisoft's Steve Young recently contributed to the FTSE Global Markets Technology Blog with a piece on portfolio decision support. Good data management, governance, and validation is fundamental for the success of these decisions.
Steve writes, "Even one wrong data point on a curve, or one incorrect valuation, can result in a significant trading loss, missed opportunity, compliance violation or regulatory fine. Add to this the reputational damage that can ensue and it becomes very clear that validating data quality cannot be taken lightly."
For more of Steve's insight on the portfolio decision support data and technology necessary for firms to maintain an edge on their competition, read the full article.