NAFIS 2015: Cost Control Remains Key Focus for Consumers

Panel said collaboration with vendors is key to effective cost and change management.

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Don Madura, founder and president of consultancy Madura Associates, says the industry has come a long way in integrating cost, contracting, licensing and compliance into its day-to-day running since the crisis of 2007, but questioned whether this has resulted in strict cost management measures becoming so deeply embedded into industry culture that they will prove hard to change in future.

Maureen Faraci, senior business analyst and global lead for market data efficiency in applications at Citigr

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