Market Data Management Challenges—Spend, Usage and Compliance

One of the industry’s worst kept secrets is the extent to which buy-side and sell-side firms of all sizes struggle to effectively manage their market data spend, usage and compliance. Not only is data frequently unused, underutilized and duplicated, but it’s also commonly shared across the business in breach of providers’ licensing agreements. This exclusive whitepaper, based on a WatersTechnology survey commissioned by TRG Screen, focuses on the financial and operational benefits firms stand to gain by managing their market data more accurately, transparently and automatically.

Key findings include:

• 70% of respondent are looking to outsource at least one aspect of their market data management functions, underlining the appetite for outsourcing/managed services.
• 46% of respondents use specialist third-party tools to manage their market data spend, usage and compliance, while 42% use a mix of third-party tools and proprietary technologies.
• 30% of respondents cite budgetary reasons as their primary challenge associated with implementing the tools to manage their market data spend, usage and compliance.