Global financial institutions face rising operational, compliance and reputational risks due to poor data management in structured products, warns new study.
Financial institutions worldwide are facing an operational crisis rooted in poor data management for complex investment products, with deficiencies threatening profitability, compliance and client trust, according to a new report by S&P Global’s Crisil. Errors in pricing, hedging or lifecycle management can produce immediate financial losses The white paper, The Cruciality of Data Management for Structured Products , identifies structured products as particularly vulnerable. While