Firms Show Little Interest in Third-Party Data Utilities, Survey Says
Accenture and Greenwich Associates find data quality and costs are greater concerns
A distinct minority of firms globally are considering implementing a utility for such challenges as know-your-customer data management.
A study released in late October by Accenture and Greenwich Associates, titled "Solving the Reference Data Disconnect," canvassed 133 firms on the buy- and sell side about their reference data challenges. Just 11% said they were considering going with a third-party shared service, despite the buzz in the industry lately around utilities.
David Csiki, managing
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