In this DerivSource podcast Richard Robinson, Head of Strategy and Industry Relations for Symbology at Bloomberg, traces the lineage of data and looks at the gaps in the data management process, which has become significant to meet all the post financial crisis regulatory reforms.
Although there is no single bullet to solve all the challenges, he points to the Financial Instrument Global Identifier, or FIGI for short, as an important instrument in the identification framework that can help standardise the process and overcome some of the hurdles in a cost-effective manner.
