Download PDFOpen PDF in browserNavigating the Role of Reference Data in Financial Data Analysis: Addressing Challenges and Seizing OpportunitiesEasyChair Preprint 126329 pages•Date: March 20, 2024AbstractReference data serves as the backbone of financial data analysis, providing essential context and validation for transactions and instruments. However, the management and utilization of reference data pose significant challenges in the realm of financial analysis, ranging from data quality issues to interoperability concerns across systems. This research paper delves into the critical role of reference data in financial data analysis, explores the challenges encountered, and identifies strategies to overcome these obstacles. Furthermore, it examines the opportunities presented by advancements in technology and data management practices to enhance the effectiveness and efficiency of leveraging reference data in financial analysis. Keyphrases: Artificial Intelligence (AI), Regulatory Reporting, Regulatory reforms, collaborative innovation, industry partnerships
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