Burton-Taylor: Risk to Drive Slim Data Spend Growth

Douglas B. Taylor, managing partner, Burton-Taylor International Consulting

Data and tools to support risk management will comprise the areas of highest growth in data spend over 2012 and 2013, with overall growth expected to remain low for the data industry, according to the results of a survey of market data demand conducted by Burton-Taylor International Consulting.

According to the results from survey respondents-comprising market data vendors, users and consultants-data spend by financial firms is projected to grow by only 0.46 percent in 2012 and 1 percent in 2013

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