Firms Make Data Management High Priority

ADMINISTRATION AND MANAGEMENT

Two out of three financial firms have indicated that projects to improve the management of reference data--essential to automating straight through processing--are a top or high priority despite the adverse economic climate, according to a survey released last week by TowerGroup.

The Needham, Mass.-based research company says that regardless of tightened technology budgets, large financial institutions are now taking tangible action to improve their management of reference data.

One in four fi

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