Panel: Improved Understanding of Data Consumption Drives Efficiencies

SINGAPORE - There is a need for improved understanding of data consumption to help rationalize data and drive efficiencies, according to speakers on the Inside Reference Data panel at the FISD event in Singapore in April.

Singapore-based Gordon Brown, regional IT head for fund management, Prudential Asset Management, said the firm now has an inventory of data. "It leads to major efficiencies," he said.

By implementing data management tools, firms can better track data usage and remove duplicatio