Cost pressures refocus user priorities

As trading and investment firms face growing data requirements and shrinking budgets as a result of the turbulent economic environment, market data managers are focusing on better data administration, persuading vendors and exchanges to implement cost-reducing initiatives and processes, and educating end users about the cost of under-utilized data, according to a panel of data managers at last week's Asia Pacific Financial Information Conference.

David Berry, head of market data global sourcing

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