Facing Cuts, Data Departments Find 'Best Friend' in Regulation

Experts warn data costs are among the first to fall under the axe during hard times.


While regulation may not be at the top of everyone’s wish list this year, embattled data departments may have actually found a friend in post-crisis reform, experts say, as the industry continues to refine its focus on cost-cutting measures.

Carolyn Baker, head of data management and governance at asset manager GAM, said regulation has been a game-changer over the past decade when it comes to data management. Speaking during a panel discussion at the Summit for Asset Management conference, held

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