The Invoicing Nightmare

OPEN PLATFORM

The market data industry continuously pushes the edge of technology, yet vendors seem unable to provide usable electronic invoices. By Kevin Lowther, director of Solutions and Services, Spearhead & Partners, Ltd.

Market data administration is time consuming and not particularly glamorous. It can also be highly politicized and endlessly frustrating. All of those adjectives can be used to describe invoicing, especially the way it is done now. The often opaque nature of invoicing and the pressure to

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