Data Management Strategy
Jordan & Jordan delivers data management consulting services that leverage our domain expertise in global equities, options and fixed income securities, to consider Reference Data, Pricing and Valuations, as well as Company Research, Analytics, Counterparty and Account Data. See Jordan & Jordan Data Management Strategy to understand more about our service offering.Reference Data Consulting
Our technology experts have implemented large-scale multi-asset reference data systems for major hedge-funds and investment banks. Together with a disciplined approach to reference data vendor selection and implementation, we have refined a testing strategy known as the Jordan & Jordan Reference Data Testing Framework (RDTF) that can be customized and implemented to fit the specific needs of an engagement. See Components of a Data Management Platform.Representative engagements include:
- For a premier hedge fund, created a normalized data model for fixed income securities, provided vendor data analysis, designed arbitration and validation rules, wrote test plans and test scripts, reviewed test results
- For a major broker/dealer, developed a request for information (RFI) on reference data management solutions, disseminated to the top five vendors, analyzed responses and provided recommendations for prioritization and next steps in vendor selection
- For a primary industry utility, documented business practices in the U.S. municipal and corporate bond new issue process to develop standardized data formats for increased accuracy, timeliness and ease of data collection/distribution/access
- To support the risk model and securities processing activities of a major prime broker, created a normalized data model for implementation of a fixed income securities master; performed vendor data analysis, designed validation rules for data cleansing and provided support for integration of data into business unit applications
- For a major service bureau, conducted business requirements research for a corporate actions notification and processing service
- Conducted global research study for a major provider of standing settlement instructions seeking ways to increase breadth and depth of their product offerings and discover key value points
- Created a structured framework for client evaluation of vendor data, conducted numerous vendor selection projects on behalf of clients