SIX Study: Corporate Bond Data Quality Concerns Alarm Investors
A recent study by SIX has raised alarm bells among investors, highlighting significant concerns regarding the quality and real-time availability of corporate bond data. This issue, which affects a third of respondents, is seen as a major barrier to maintaining confidence in the corporate bond asset class.
The study, titled 'The Future of Finance 2025' and conducted by the World Economic Forum, gathered responses from global financial industry professionals. A staggering 30% of respondents cited underdeveloped corporate bond data quality as a pressing issue. Lack of speed, consistency, and availability of data were pinpointed as the biggest concerns for wealth managers.
Gaps in pricing transparency and delayed updates to corporate actions were identified as key challenges. These issues can hinder wealth managers' ability to provide timely and accurate advice to their clients, with all surveyed reporting that data-related problems impact their effectiveness.
The findings underscore the urgent need for improvement in corporate bond data management and real-time accessibility. Enhancing these aspects is crucial for maintaining investor confidence in the corporate bond asset class and ensuring wealth managers can provide reliable, up-to-date advice.
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