Centralised data is key

"Risk management runs right through the trade lifecycle and so should market data," Sharratt told delegates at last week’s Dealing With Technology event in London. Risk managers must concentrate on managing risk as opposed to ensuring the data used is "clean", he added.

Centralising market data can solve this problem and free up the risk manager’s time, Sharratt said. Also, poor data quality undermines the risk manager’s work, particularly when managing risk in volatile markets where intrada