Spend on Data Quality on the Rise, Says Thomson Reuters Survey

LONDON - Firms are willing to spend more on data quality and consistency, making cost reduction less of a priority, according to a survey on data management strategies carried out by Thomson Reuters and research firm Lepus.

The survey results revealed 77% of the 100 top tier buy- and sell-side firms that took part in the survey increased spend on data quality and consistency, while only 4% are now spending less.

London-based Jason du Preez, global business manager, enterprise platform for data m