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.

rising-costs

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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