Users: Vendors Must Take “Global” View

“We obtain both local and global vendors, but we always struggle to balance which we deploy… [as] local solutions often involve greater overheads,” said Ernest Fan, vice president at Morgan Stanley. Though local vendors can provide better region-specific coverage, they often charge significantly more for the same data provided by their global competitors, he told delegates.

“The big difference is that global vendors sometimes do not see our local mentality. They approach us as if their way of