Industry Veteran Peter Moss Named CEO of The SmartStream Reference Data Utility
SmartStream Technologies, the Transaction Lifecycle Management (TLM® ) specialist, today announced with immediate effect the appointment of Peter Moss as CEO of The SmartStream Reference Data Utility (RDU) .
Peter joins the first industry-formed data management service, established by Goldman Sachs, JPMorgan Chase, Morgan Stanley and SmartStream, after a twenty-five year career with Thomson Reuters. During his tenure there, he established the Thomson Reuters Enterprise business, responsible for data and technology operations for the Financial Markets business as CTO and most recently led the Thomson Reuters Financial Division, a global business with $6bn in revenue.
Peter Moss, CEO, SmartStream Reference Data Utility, states: “This is an exciting time for the RDU as we deliver the service for our customers. Industry demand for a reference data managed service has been significant and I can see excellent market potential for the RDU across a broad range of industry participants. I am delighted to take on this opportunity.”
The RDU was formed to deliver accurate and timely reference data for use in critical regulatory reporting and trade processing. Under his leadership, the RDU will facilitate collaboration within its growing client community to release the potential of a shared processing facility.
Notes to Editors:
About The SmartStream Reference Data Utility (RDU)
The SmartStream Reference Data Utility (RDU) is a managed service that delivers complete, accurate and timely reference data for use in critical regulatory reporting, trade processing and risk management operations, dramatically simplifying and reducing un-necessary costs for financial institutions.
The RDU acts as a processing agent for its participants selected data sources; sourcing, validating and cross-referencing data using market best practises so that these processes do not need to be duplicated in every financial institution. An experienced global team, who operate under the compliance frameworks of their customers, deliver data that is fit-for-purpose, consistent and in a format that is specific to the financial institutions’ needs.
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