APFIC 2010: User Panel Predicts Asia Boom to Drive Data Spend

End-user panel: Steve Ellenberg, Credit Suisse (moderator); Kevin Iwanaga, Citigroup; Dennis Mwansa, Mizuho; Olivier Rose, Societe Generale; Kenny Lam, AIG Asset Management Asia

Despite continued efforts to control data costs, spend on market data in Asia-Pacific is set to increase as banks and investment firms shift their trading from regions most heavily affected by the economic downturn to take advantage of opportunities arising from the continued growth of Asian markets, according to a panel of end-users at last week’s Asia-Pacific Financial Information Conference in Hong Kong.

“Spend on market data should trend upwards for a couple of reasons—exchanges are producin