Cutting reference data costs and driving value
By Amjad Zoghbi, Head of Solutions Engineering, TRG Screen
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On May 7th, 2024, the 14th D-A-CH Congress for Financial Information took place at the Sofitel Munich Bayerpost. A co-production of TRG Screen and financial.com, leading providers of financial information services. The theme of this year’s conference was "Artificial Intelligence and financial information: the race is on! – How AI is reshaping vendor products, user processes and value for clients"
TRG Screen wins 'Best Data Governance Solution' at the Inside Market Data & Inside Reference Data Awards 2024, announced on the evening of May 16 at a reception following this year's North American Financial Information Summit in New York.
Financial firms depend upon market data – it’s one of the costs of doing business. But while reference data is complicated, it doesn’t have to be difficult to manage.
Reference data is an expensive commodity – it accounts for 10 to 30 percent of a typical market data budget. Within multinational organizations, the figure can be even larger, with some companies allocating millions of dollars to it.
Financial firms depend upon market data – it’s one of the costs of doing business. But while reference data is complicated, it doesn’t have to be difficult to manage.
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