During Sibos 08 in Vienna, Gert Raeves, SVP for Strategic Business Development and Marketing shared his insights into the hot topic of why Counterparty Data management is the critical element in understanding the full exposure to Counterparties at any given time in the trading lifecyle and against any instruments, customers or transactions.

The growth in OTC derivatives market means identifying and managing counterparty risk exposures, not only between banks but also other financial institutions is especially complex. The challenges of counterparty risk not only include complexity of the financial instruments, assessing the creditworthiness of the counterparty and managing potential exposures but also the need to improve and de-silo the way counterparty data is gathered and managed. Gert Raeves, SVP for Strategic Business Development and Marketing shared his insights on the topic and how the adoption of a holistic data management approach to Counterparty Data is the answer to better counterparty risk management.

Click here to visit the ISJ TV website to hear this 4 minute podcast interview.