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Challenges for Data Managers

INDUSTRY EVENTS

Market data managers face three key challenges in their efforts to control costs, including vendor pricing models, according to Edmund Flynn, director, market data services at Fidelity Investments.

Flynn, who spoke at last week's Waters Congress 2004 in New York, says the first is the increasing cost of managing tick volume growth. As volumes continue to increase, firms need to invest in bandwidth and hardware. Yet while the economic benefits are not always clear—for example, staff such as

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