Morgan Stanley Looks to Save

FRONT PAGE: DATA CONSUMERS

Morgan Stanley is trying to leverage market data contracts across the firm to save costs, according to comments made earlier this month at a breakfast briefing sponsored by Inside Market Data’s sibling publication Waters.

The first part of the strategy was to root out all redundant market data subscriptions that Morgan Stanley’s retail business has been subscribing to over the years.

"We’ve taken advantage of the fact that Morgan Stanley has on the institutional side what is called a market d