Data is the #2 operating cost for Financial firms (behind people).
Excluding the license costs for external data, how much does your firm spend on acquisition, integration, and management of data?
-People (internal, SI) -Software (proprietary, vendor) -Infrastructure -Storage
Express each as a #, $, or multiple of data license costs and specify type of data (reference data, customer data, valuation/risk data, holdings/transaction data). Specify size and type of firm (sellside, regional, europe, top20).
What references do you cite for benchmark data costs?
Consolidated research results to be shared.