Vendors Must Use US Experience to Address EU Fund Needs

Pricing and reference data are two of the key market data needs of mutual funds in the US and Europe, with data values such as common symbology and corporate actions emerging as important requirements as funds increase their consumption of data, according to a research report from Reuters and Greenwich Associates.

However, as mutual funds increase their spending on market data, a divergence is becoming clear between North American and non-US firms. European firms are only spending around half