Financial institutions are subscribing to an ever-growing list of information services in their efforts to keep abreast of increasingly complex global markets. This is adding to the burden of managing relationships with existing data vendors, whose licensing agreements and invoices are also growing in complexity.
This whitepaper outlines the challenges facing data managers as they grapple with the highly dynamic nature of data provision. It examines the growing complexity of data licensing and invoicing, and explores how a managed services approach can help firms stay on top of their vendor relationships and adopt a more strategic approach to information services procurement.