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Reference data is no longer an STP issue, and the solution has enabled M&G to manage its data effectively to meet a raft of regulatory initiatives from the FSA, the Sarbanes-Oxley Act and USA Patriot Act.
When M&G Investments needed a new data reference model it had two choices: it could either build a solution internally or a find a product already on the market that would enable it to take a fixed-income data feed and hold that data in one central repository.
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