Consumers Eye Contracts to Cut Costs

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From left: Moderator Ron Troy; Mark Januszka, HSBC; Steve Hansen, Société Générale; Steve Listhaus, Wells Fargo; Kevin Hopkins, Barclays

As market data vendors implement new licensing terms, end-user firms are placing more emphasis on contract management—whether negotiating new services or renewing existing ones—to find potential areas for cost reductions and to maximize the value they can derive from vendor services, according to a panel of end-users at last week’s North American Financial Information Summit.

For firms still looking to maintain or reduce current budgets, it is crucial to keep close track of contract terms and co

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