Credit Risk to Drive Data Demand

With regulators expected to spend more time scrutinizing firms' models and data, "end-of-day or intraday data won't cut it.... You need real-time risk management-and that means you need real-time data," he told attendees.

And while high-frequency trading has driven data spend in equity markets, Nybo believes future risk management requirements to avoid another crisis will be the drivers of investment in "a comprehensive data infrastructure" and "extensive reporting capabilities" for credit market