NAFIS 2014: Niche Data Proliferation Poses Cost Challenges

nafis-outlook

"There are too many vendors out there, and everybody has their own little niche. It makes it hard for a market data manager to figure out what's best. I've tried to migrate traders from one to another...but you find a lot of personal preferences," said Mark Januszka, regional head of data services for the Americas at HSBC Securities.

"On one side, I'd love a smaller number of vendors, because that would mean less to manage.... But as someone who buys data, I prefer competition─and if they all

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A tech revolution in an old-school industry: FX

FX is in a state of transition, as asset managers and financial firms explore modernizing their operating processes. But manual processes persist. MillTechFX’s Eric Huttman makes the case for doubling down on new technology and embracing automation to increase operational efficiency in FX.

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