Video: Chambadal explains SmartStream's involvement in SPReD utility

Philippe Chambadal, CEO of SmartStream, sat down with Victor Anderson recently to discuss his firm's involvement in the recently unveiled SPReD reference data utility, created by JP Morgan, Morgan Stanley and Goldman Sachs

In the 10-minute interview, Chambadal touched on what the SPReD is and what it seeks to achieve; the appeal of creating a reference data untility to the three banks, who put aside their competetive differences to collaborate on the project; and what SmartStream brings to the table as the initiative's technology partner.

For more information on the official launch of the SPReD utility, please click on this link.

Additional issues/questions addressed during the interview include:

• How SPReD functions in relation to data feeds from major data vendors. Does it enhance their offerings or compete with them?
• How SPReD addresses referencing mismatches in firms' data, and how it ensures correct cross-referencing of data.
• How SPReD has performed in comparison to SmartStream's expectations.
• Have there been any tweaks to the platform since its launch?
• What are the next steps in terms of building SPReD's presence as an industry-wide reference data utility?
• What did SmartStream hear from its end-user firms in terms of their need for a reference data utility, which led to the establishment of the platform.

This article was originally published on sister website WatersTechnology.com.