Frankfurt Summit: Cutting Data Costs Still Top of Agenda for User Firms
The cost of market data dominated discussions on the end-user panel at Inside Market Data's Financial Information Summit in Frankfurt this week, where speakers debated the pros and cons of cost-cutting initiatives such as offshoring, usage monitoring, identifying alternative data providers, and negotiating more beneficial deals with data sources and redistributors.
"In general, there are tighter and tighter budgets as revenues get less, and there is more focus on cost control," said Claudia
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