Capco Reference Data Services (CRDS) will integrate ING’s Security Master File platform with its existing platform to provide a full range of traded and OTC asset classes – fixed income, global equities, derivatives, money markets, and OTC instruments – and all data types, such as counterparty, legal entity hierarchy, descriptive data, pricing, and corporate actions.
Capco’s VP, Predrag Dizdarevic, said, ING realizes, as do many of our other clients, that they no longer have to manage non-strategic processes and that they can outsource their enterprise-wide data management needs to Capco Reference Data Services. It is the beginning of a new era in reference data management, and we are the first end-to-end reference and market data services provider.