TITLE

Systemic Risk Mitigation: Ending "Silos" of Information

AUTHOR(S)
Grody, Allan D.
PUB. DATE
September 2009
SOURCE
Securities Industry News;9/21/2009, Vol. 21 Issue 20, p16
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the problem with a systemic risk regulator. It mentions that the data received by each regulator to help detect systemic risk is neither timely nor defined consistently by submitting firms. It discusses impediments to systemic risk mitigation like proprietary and non-standard data which add risk and higher costs to financial firms. Central Counterparty for Data Management (CCDM) is also mentioned as a solution to the problem.
ACCESSION #
44454031

 

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