Reference Data
Data management challenges are on the rise due to the shifting landscape within financial services industry. There are a confluence of factors such as tightening regulatory controls, increasing speed of market transactions, mergers and acquisitions, and expanding instrument types – all of which are placing greater demands on operations and IT functions to automate workflows and improve data quality and availability
Managing this mission-critical function requires business and IT cooperation and leadership in a targeted effort to achieve maximum operational efficiency. Ascend applies its breath of experience within Financial Services to help clients avoid the pitfalls associated with reference data operations, and ensure organizational alignment around the ultimate strategy, plan and incremental successes.
Available software and workflow solution providers often achieve specific goals with regard to reference data but their value propositions vary greatly, and they are seldom a 100% match to your firms unique needs.
We apply our CatapultTM methodology incorporating your specific business objectives, operational workflow model, and corporate footprint to design the best approach. We turn that approach into reality by transitioning into program oversight and execution, leveraging our consultants’ expertise, for the entire development life cycle.
There is no single solution that can be applied across firms with regard to reference data management and we embrace that notion striking the right balance between standardization and customization to help or clients forge ahead.
