Reference Data Projects Still Lag

ADMINISTRATION AND MANAGEMENT

User firms have made reference data projects a priority but continue to struggle to implement them due to cost concerns and the complexity of the issue.

According to a TowerGroup report released this month, 48 percent of the 80 institutions surveyed consider reference data projects a high priority. It is a top priority for 13 percent of firms.

Mike Atkin, vice president of the Financial Information Services Division (FISD) of the Software and Information Industry Association, says it is good that

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