Interviewer: I'm Neil Bradman, and today I'm in New York for
the Business and Management Collections speaking to
Allan Grody about "The Barcodes of Finance".
Allan, what are the barcodes of finance?
Mr. Allan Grody: Well, they're unique standard identifiers for financial products
and contracts and the financial market participants that trade,
own, process an inventory,
those financial contracts and financial instruments.
Interviewer: Now, I'm going to ask you to expand on those headings that you've just given me.
But first of all, perhaps you could just tell me about your current position,
activities, and your past career.
Mr. Allan Grody: Well, right at this moment,
I am an adviser to a number of global standard-setting bodies,
a number of regulators and advise financial companies
on what I like to call risk adjusting
the financial system and re-engineering financial institutions.
Those are broad terms that basically set out to make better,
the financial system, that almost collapsed in the 2007-2008 period.
It's an ambition that I began to
recognize with the capabilities that I acquired over the years,