IBOR: Small Data
Jon Rushman’s keynote address at the IBOR Breakfast briefing provide a good overview of the IBOR solution/problem.
IBOR = Source of position data that is continuously adjusted using orders, executions and corporate actions and trusted by the investment trust for the purpose of portfolio construction
Positions need to be consistent, but not to the standard of real-time. Functional groups within an asset management company needs a different view of positions.