Data brain drain may prompt move to managed services for market data management

A shortage of data professionals with suitable experience to run large financial firms’ data organizations could drive firms to completely outsource the management and administration of their third-largest expense.

Bernardo Santiago doesn’t mince words: “We’re running out of market data people!”

The data veteran—who held market data roles at WestLB, Wellington Management, ITG, RBC Capital Markets and Franklin Templeton Investments before setting up his own market data consultancy, S4 Market Data, in 2017—has spotted a skills shortage among data professionals. Or, more accurately, a personnel shortage: older data professionals—those often seen sharing their knowledge at conferences and industry events—are

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Firms step up non-compete use to protect tech, data IP

US states are increasingly banning or limiting the use of non-compete contracts, but financial firms are using them more frequently to safeguard proprietary tech and data assets—including the knowledge of the individuals who work on them.

Waters Wrap: Examining ASX’s CHESS do-over

The Australian exchange was the first exchange to be all-in on DLT—and the project failed. Anthony speaks with ASX’s Tim Whiteley to discuss the lessons learned and why he thinks the second attempt will succeed.

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