BarCap expands data cost control tools

Barclays Capital rolls out new market data tool

Barclays Capital is rolling out a series of internal tools to help it establish and adhere to best practices for controlling its market data spend, after a rationalization project that followed BarCap's purchase and integration of Lehman Brothers' business in the US.

At the end of this month, BarCap will roll out a new provisioning tool specifically designed around market data requirements - whereas the previous version was designed for more generic use across different business lines, and used

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