Budgets
Data catalog competition heats up as spending cools
Data catalogs represent a big step toward a shopping experience in the style of Amazon.com or iTunes for market data management and procurement. Here, we take a look at the key players in this space, old and new.
Big bank mergers, big cuts in data spend? Not so fast, experts say
With hundreds of millions of dollars spent per year on data and associated technologies, a merger the size of UBS’ takeover of Credit Suisse has the potential to take a huge chunk out of data vendors’ revenues. What’s the path forward?
Sell side ramps up outsourced trading desk services for still-skeptical buy side
A raft of new entrants are offering outsourced trading services to buy-side firms, anticipating a wave of takeup among larger asset managers, driven by cost and coverage needs. But are they aiming too high?
Exchanges, vendors reinvent inventory management platforms to enable sales
Data sources are realizing they can leverage end-user inventory management tools to streamline their side of the data sales and licensing process.
TRG Screen Melds FITS, InfoMatch for Next-Gen Data Cost Management Platform
The first iterations of the new Optimize platform will be available early next year.
Moonshots Shelved: Banks Spend on Home-Working Tech
Senior technologists from UBS, Deutsche Bank, Nomura, SocGen and others discuss where their tech spend is being directed.
Don't Cut Alt Data Spend, HSBC Data Manager Warns
Slashing budgets will lead to inaccuracies as banks turn to alt data for fraud detection and to monitor customer behavior during the coronavirus crisis.
Despite New Approaches, Industry Still Divided Over Data Licensing
Data licensing agreements remain a source of contention for the industry, as suppliers look to differentiate offerings via disruptive pricing structures.
Xignite Taps Xpansion’s Xmon Tool for Web Services Data Monitoring
Vendors say their integrated solution will deliver significant data cost savings for firms by implementing usage tracking and controls.
TRG Strikes Distribution Deal with Xpansion for Feeds Usage Monitoring
Officials say the move completes TRG’s lineup of tools to provide “one-stop shop” data usage monitoring.
SEC’s Redfearn: US-Style Consolidated Tapes Won’t Solve Trading Data Needs
As European market participants bemoan the lack of a consolidated tape, a senior SEC executive debunks the idea that a pan-European tape, similar to the US, will resolve issues around data access and costs.
Data Standardization Remains Top ESG Roadblock
As asset managers seek to incorporate ESG factors into their portfolios, they are facing challenges—particularly around data consistency. Some say custodians could offer solutions.
Apex Cuts Data Cost of Acquisitions
The fund administrator is halfway through a project to eliminate duplicative data spend across its core business and acquisitions, reducing costs while consolidating sourcing to a core base of vendor relationships.
As Unbundling Beds in, Data Becomes Essential to Price Research
Data collection allows greater visibility into research practices on the buy side while aiding the sell side in price setting for research.
Facing Cuts, Data Departments Find 'Best Friend' in Regulation
Experts warn data costs are among the first to fall under the axe during hard times.
Vendors Prep for Initial Margin Big Bang
Tech providers are emerging from all corners as the final phases of initial margin rules closes in, which are expected to capture over 1,000 buy-side and sell-side firms over the next 18 months.
Tech Releases Surge Ahead of Initial Margin Deadlines
The final phases of initial margin rules are expected to capture over the next two years more than 1,000 buy-side and sell-side firms, which technology providers see as potential customers.
TRG Screen Expands ResearchMonitor Tool to Measure Installed Data, Software Usage
The update expands the breadth and depth of TRG Screen's usage monitoring capabilities, allowing firms to better understand and incorporate usage data into renewal or cancellation decisions.
Another World: Virtual and Augmented Reality Infiltrate Trading Floors
Banks and exchanges turn to new technologies to enhance workflows, but it's still early days for the virtual trading floor.
Gaining value from data through science and engineering
How much time do data scientists, analysts and quants spend doing the jobs they're employed to do? In the vast majority of cases, not enough
Data Cost Management 2.0: New Tricks for Old Dogs
Data is the third-largest expense for the financial industry, so firms are getting creative when it comes to cost control.
Burton-Taylor: Regulation-Driven Data Spend to Grow, But Desktops Threaten Resurgence
Burton-Taylor's annual sentiment survey shows record levels of optimism in some areas for 2018 with slight contractions next year. Max Bowie reports on the trends reported by survey respondents.