The scope of data under the reporting rules is too great to process - report
Asset managers have raised concerns over
the regulators' ability to process the huge amounts of data
coming from tough new reporting rules, according to a note from
a technology firm.
Tech and outsourcing firm Broadridge held
in December a roundtable comprising seven leading asset
management firms and published this week a synopsis of the
discussion that said there is concern regulators have bitten
off more than they can chew.
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