Banks, Providers Failing to Innovate on Data, Says APFIC End-User Panel

The panelists were open about acknowledging the shortcomings of banks and buy-side firms as data consumers. "Market data departments... often throw up an information barrier between vendors and consumers, who often don't know what alternative sources are. Market data teams could be better conduits and facilitators of data─that's where the market data team can make a difference in this environment... whereas when it comes to negotiating a good deal, the market data team is sometimes wrongly