European DataWarehouse Wins “Best Industry Infrastructure Initiative”
London, UK and Frankfurt, Germany – European DataWarehouse has announced its recognition as the “Best Industry Infrastructure Initiative” in the Banking Technology Awards 2012.
European DataWarehouse will be the most comprehensive centralised data repository for Asset Backed Securities in Europe. It provides the means to collect and distribute more timely information on the underlying loans and their performance to market participants on more transactions and across more asset classes than ever before, and all in a standardised format. This brings an unparalleled level of transparency to the European ABS market.
“Winning this year’s Best Industry Infrastructure Initiative award from Banking Technology is a testament to the impact European DataWarehouse is having on the ABS markets,” said Paul Burdell, Managing Director of LCM Partners, after he had collected the award. “We have a great team who have worked hard to have the European DataWarehouse up and running well within the mandated timeframes and we’d like to thank Banking Technology and the judges for recognising our goal of increasing market transparency.”