Managing Market Data Through Outsourcing

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Firms are torn between cost pressures and demands from trading professionals for better, more diverse data to power their analytical applications. Managing market data by outsourcing can be the answer. By Kent Lazarus, president and COO, Iverson Financial Systems.

Market data management (MDM), sometimes also known as data management, is defined as the processes, systems and people required to supply front-office investment professionals with the reliable data they need to do trading analysis

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