Industry Sector Classifications - What is the Standard in Today's Market?
Moderator: Tom Baldinger, Senior Data Specialist - Classification Data Team, Bloomberg LP Global Data
Paul D'Amico, Senior Standards Specialist, Office of Financial Research, U.S. Department of the Treasury
Christopher Geddis, CFA, Bloomberg
Jason Koulouras, Head of Data Connectivity, Bridgewater Associates
Shannon Nittler, Product Manager, Data Management Solutions Group, S&P Global
Industry sector classification are a widely used element of reference data. It is used across financial services for both internal, external and regulatory purposes. However, there are multiple types of classification systems in today's market both proprietary and public, each with their own methodology. With the absence of a standard for Industry Sector Classifications, is there confusion in the market with so many different classification options available? And what would the cost be by adopting a standard? This panel of SMEs will offer their input on the benefits & challenges reference data market participants are facing today.
This webinar is sponsored by OpenFIGI, powered by Bloomberg L.P.