BOCA RATON, FL, May 8, 2014 -- 21st Century Television interviews Ron Marr, Copp Clark strategic consultant and former president of Copp Clark Limited concerning holiday reference data solutions. In today’s unpredictable and fast-paced markets, it’s vital to know when holidays occur and what effect they will have on global financial markets. Almost every day there is a holiday observance somewhere in the world and that can affect financial transactions and profitability. Without knowing how markets are affected by holidays, traders can lose large sums of money when dealing in a global economy.
"Access to accurate and timely holiday reference data can reduce the risk of failed trades, unanticipated interest expenses, and related costs," says J. L. Haber, the Vice President of Programming at 21st Century Television.
In-house initiatives to research, cleanse and maintain this data represent a significant business expense and come with inherent risks, particularly when conducted without sufficient expertise. Keeping track of holidays and trading hours on a global scale can be daunting. Organizations can minimize their risk by subscribing to services that provide data that has been cleansed, validated and is accurate. Copp Clark's Holiday Data Service® provides high-quality data that is rigorously researched from source with outstanding customer support. It ensures the accuracy of system calendars and significantly reduces operational risk in payments, trading and settlement.
"It's an old adage that time is money," says Ron Marr, "and that's essentially what our business is all about: avoiding international errors relating to settlements of trades by knowing in advance holidays and trading hour changes that will affect the settlement."
Copp Clark has been in business since 1841 and is the oldest publishing company in Canada. They have been providing information on holidays and how they affect global markets for over 33 years. Copp Clark’s Goodbusiness Day Finder (formerly Euromarket Day Finder) has been a long-time standard in back offices and trading centers around the world. Today, some of the largest organizations in the world subscribe to Copp Clark’s Holiday Data Service and Trading Hours Report for reliable, accurate and cost-effective solutions.
Copp Clark is the authoritative source for holiday reference data. Their trading hours, early closing and holiday reference data is trusted and recognized globally as the market standard.
Tune in to the Fox Business Network (as pd. prog) on May 10, 2014 at 4:30pm EST to learn more about Copp Clark!
About 21st Century Television
21st Century Television is an award winning business and health program that is independently produced by MMP (USA), Inc. The show provides its viewers an in depth opportunity to find solutions to the industry problems from some of the top business leaders from across the world. With more than 5,000 companies participating on over 500 shows, 21st Century Television continues to be the premier and targeted outlet for the latest business and health stories. 21st Century Television airs on cable networks to over 100 million viewers.
For specific market-by-market air dates and times, please e-mail Moniqueh@mmpusa.com. For more information, please visit www.tvbusinessnews.com.
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