Users: Tighter Budgets Likely to Create More Competition Among Vendors

AMSTERDAM-Firms are adapting to changing market conditions when dealing with vendors and are prepared to consider new partners, according to panellists at the Amsterdam Financial Information Summit 2008 in April.

Panelists said reduced budgets mean they are willing to consider new vendors to meet internal expectations. Turbulent market conditions have resulted in end-users being more willing to change to other products.

Düsseldorf-based Alexandra Balloff, director, global head of market data man

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