Valuations Vendor Consolidation is on the Cards as a Result of Introduction CDS CCP, Say RDR Readers
03 Dec 2008
Most Reference Data Review readers believe the introduction of a clearing counterparty (CCP) in the credit default swap (CDS) market will result in a period of consolidation within the valuations vendor community. According to the results of our recent poll, 56% of readers believe consolidation is on the cards, whereas an optimistic 11% think there will be an increase in vendors over the next couple of years.
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