Cutbacks and Opportunities: The Market Data Job Market
In spite—or because—of the rising cost and complexity of data, cost-cutting and streamlining initiatives continue at financial institutions. Kirsten Hyde looks at how these efforts are affecting the headcount and structure of market data departments, and what impact an increasingly automated and regulation-focused environment is having on hiring initiatives among the vendor community.
But what effects have efficiency and cost-cutting drives had on headcount, structure and recruitment within market data departments? And, conversely, in an environment where business needs are pushing banks to consume more and more data, where vendors are becoming more resourceful about how they account for data usage, and regulatory requirements have become more complex, has demand for certain market data roles increased?
The answer depends on which area of the market data department you look
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