How optimized is your market data cost management?
Global spending on market data has hit new records every year for a decade but are financial firms and other users of this vital information reaping the full value of their subscriptions?
Global spending on market data has hit new records every year for a decade but are financial firms and other users of this vital information reaping the full value of their subscriptions?
The volume and value of market data grows by the year, outstripping the ability to keep up with the rapid pace of commercial change – particularly for firms lacking specialist expertise and technology.
Another year and another record global spend on the market data and information that enables financial market trading and global investment.
Data, data, data - legal firms have known for some time how important data is in order for their firm to make educated decisions on subscriptions, compliance, spend and to streamline workflows to name just a few. However, the capturing of data alone is insufficient. Without ensuring the correct data has been collected, and that it has been correctly structured and properly analyzed, it will be of no use. How can firms ensure they are making data driven decisions and gaining the most valuable insights?
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