We are pleased to bring you a summary of Market Data Company‘s white paper “The Value of Market Data Administration”:
As Financial Firms grapple with increasing demands for market data, dealing with the number and complexity of market data licenses and subscriptions can be overwhelming. The volume and variety challenges their ability to effectively manage costs, control user-access, monitor usage, and produce comprehensible reporting. A core foundational element is needed from which intelligence can be derived and add-value services can thrive. Specifically, the transparency and accountability to achieve strong cost management practices through a core knowledge center. The challenge – determining the level of investment required to achieve effective information and risk management controls (or how much to invest in Market Data Administration System?).