Record Market Data Spend Highlights Need To Track Costs
Market data spend in 2020 rose 6% to a new record of $33+ billion, and is expected to grow strongly. This makes data one of the biggest costs and puts pressure on firms, large and small, to optimize spend on & usage of both data and information.
But optimization is more than just cost-cutting. It requires clarity on spend, usage, compliance & data enquiries. This whitepaper outlines why and how to create optimum visibility of the data landscape - with potential cost savings of 10-30%.