The SmartStream Reference Data Utility (RDU) is a managed service that delivers complete, accurate and timely reference data for use in critical regulatory reporting, trade processing and risk management operations, dramatically simplifying and reducing un-necessary costs for financial institutions.
The RDU acts as a processing agent for its participants’ selected data sources - sourcing, validating and cross-referencing data using market best practices so that these processes do not need to be duplicated in every financial institution. An experienced global team, who operate under the compliance frameworks of their customers, deliver data that is fit-for-purpose, consistent and in a format that is specific to the financial institutions’ needs. For more information or to contact us, please visit: http://www.smartstreamrdu.com.
“Our clients span the range of sellside dealers, asset managers, hedge funds and market infrastructures. They all want to simplify the tasks needed to “operationalize” their data sources - getting accurate, consistent, high quality data into their EDM platforms. One of the most difficult of these tasks is cross referencing. Open FIGI is an essential link in anyone’s cross reference.” Peter Moss, CEO of SmartStream Reference Data Utility