Market data spend hits another record as complexity grows
Market data spend rose 12.4% to a new record of $42.0 billion (2023), and is expected to grow strongly. This makes data one of the biggest costs and puts pressure on firms, large and small, to optimize spend on & usage of both data and information.
But optimization is more than just cost-cutting. It requires clarity on spend, usage, compliance & data enquiries. This whitepaper outlines why and how to create optimum visibility of the data landscape - with potential cost savings of 2-10+%.