ABN Amro Renegotiates to Save Costs

DATA CONSUMERS

ABN Amro is renegotiating contracts with several market data providers in a long-term effort to cut costs, says Carmen Tortorelli, vice president, Information Center at the bank, in an exclusive interview with Inside Market Data.

Those providers include Dow Jones Newswires, Cantor Fitzgerald and Tullett & Tokyo Liberty, as well as some small research providers. Tortorelli, who oversees all market data services for ABN Amro North America, is also looking into renegotiating contracts with Reute