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page.SubInitiativeNameBenefits

  • Improve accessibility and richness of shared data across the market
  • Provide a structured approach to improve/maintain data quality and to address issue resolution
  • Promote data reuse and straight through processing through standardisation, enabling the digital journey towards “key once and reuse many”
  • Reduces effort and complexity in later processes by getting the risk data right and earlier in the business cycle
  • Support market participants and technology providers to leverage on common data exchange standards, lower operating costs and barriers to entrance to the London Market
  • Improve central regulatory and tax reporting and provide data services across the market
  • Structured Data Capture service designed to be integrated with other services e.g. Placing Platform Limited
  • Reduces data capture costs when possible