Goldman Sachs Positions Market and Ref Data as Business Center


NEW YORK—Goldman Sachs has organized its market and reference data groups as business units that can be seen as profit centers as opposed to cost centers, according to Joseph Squeri, managing director, global head of equities trading technology and co-head of securities technology, Goldman Sachs, in his keynote speech at the North American Financial Information Summit in New York in May.

Squeri said it is critical to keep investing in the infrastructure of market and reference data, but looking