Devil in the Details: Data Warehouses & Repositories
One of the goals of the Operations Management Group (OMG) is to implement trade data repositories for credit, interest-rate and equity derivatives to improve transparency in the OTC derivative markets. The warehouse for credit derivatives, provided by DTCC, is already live and TriOptima will build the interest-rate repository while DTCC provides the service for the equity derivatives markets.
Clearly the industry is moving fast in achieving this goal, however, there is still some confusion about the design, function and proper use of a trade data repository for the OTC derivatives markets. In a two-part series, Industry consultant Simon Hopper provides some much needed clarification on the main functions, how it should be designed and how it should operate to best provide the transparency the OTC derivatives market requires.
When is a Data Repository Not…
Data Warehouses for Financial Markets’ Oversight – Getting the Right Model
Simon Hopper is a freelance consultant with over 20 years experience working in investment banking, retail banking and fund management. He has worked for UK, US, German, Swiss and Japanese institutions as well as market infrastructure providers. His experience includes..
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