Paris End-User Panel: Vendors Must Demonstrate Value

With the financial industry still heavily focused on controlling costs, data consumers are demanding that vendors justify price increases by clearly demonstrating added value to their products, while also taking time to better understand user needs, said panelists at last week's Paris Financial Information Summit.

"The main driving force is to optimize our cost... to cut and optimize everything that we can in the bank," including market data and display products, said Charles Gastellu, market