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17 March 2008

Real-time death data?

Death goes real-time: Deutsche Borse has supposedly set up live feeds from undertakers to find out what age people are when they die:

http://www.ft.com/cms/s/0/6bf8f1a2-f1fa-11dc-9b45-0000779fd2ac.html

Obviously the issue of longevity hedging is important for pension fund management, but I just hope that traders don't get into manipulating the market, it could get ugly...

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Xenomorph is the leading provider of analytics and data management solutions to the financial markets. Risk, trading, quant research and IT staff use Xenomorph’s TimeScape analytics and data management solution at investment banks, hedge funds and asset management institutions across the world’s main financial centres.

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