Introduction to reference data and the impact of regulation on market data systems - Friday, 24 October 2008
This day provides a comprehensive introduction to the world of reference data. Additionally increasing regulatory impact on the financial market systems continues to be a key driver and this will be reviewed in light of the latest developments in this area.
08:30 Registration and coffee
09:00 Market data aspects of regulation and compliance
— The regulatory driving forces affecting market data
09:15 Basel II
— Brief history and objectives
— Market Data and Operational Risk
— Other IT and Market Data Implications
10:00 MiFID regulatory aims, objectives and outcomes
— Comparison of Law against implementation
— The key clauses
— Timetable and impact
— Industry responses and current offerings
— Objectives for MiFID II
10:30 The scene in the USA
— Impact and lessons from RegNMS
10:45 Morning break
11:00 Where does reference data fit in the market data
universe
— A definition of reference data
— How is it used within a large financial institution
11:45 Sources of reference data
— Databases
— Feeds
12:30 Lunch
13:30 Corporate actions
— Overview of ISO 15022
— Vendors & products
14:15 Special regulations for reference data
— Ucits III
14:45 Afternoon break
15:00 Client counterparty reference data
— KYC and anti money laundering issues
15:30 Instrument static data
— Symbology
— Ownership
— Vendors
— Data Repositories
— Securities Master Files
— Enterprise Data management
— Uses of cleaned and un-cleaned data