Open Platform: ‘As-a-Service' Should Come ‘As Standard' for Market Data


All financial services industry survivors share the goal of getting more out of IT with less initial and ongoing investment. And nowhere is the pressure to lower costs higher profile than in the market data space. For many firms, market data expenses are second only to personnel costs. In today's environment, firms are struggling to justify that proportion of investment in delivering data, and are now considering heretofore unimaginable strategies to rein in legacy system dependency built up

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