Asia Firms Warm to Alternative Suppliers

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As part of cost-cutting initiatives across Asia-Pacific that are placing increased pressure on data budgets, banks in the region are becoming more willing to consider services provided by data suppliers beyond the premium terminal vendors, and market data teams are more actively encouraging business users to consider migrating to lower-cost terminals, while shifting more responsibility to vendors, said a panel of data managers from end-user firms at last week’s Asia-Pacific Financial Information