- April 7, 2016
- Posted by: David Tabaka
- Category: Compliance, Market Data, News, Risk
Market data costs constitute an increasingly large share of the overall cost base of investment banks. The reliance on market data has been increasing over the last few years, primarily due to higher levels of automation in processes, stricter regulatory requirements, and higher complexity of products. However, this increased cost base has only recently become an area of focus for the COO office, given the massive cost-cut targets set by investment banks in recent times.
Read the full story here: http://trial.maknowledgeservices.com/blog/effectively-managing-the-cost-of-market-data/