Refinitiv recently conducted a survey of nearly 1600 executives who engage with market and reference data across the financial services industry globally. This survey seeks to uncover how firms’ market and reference data strategies – and what those strategies are expected to deliver – are evolving in response.
What we found is that firms currently do not have access to the market and reference data, and tools to support data management, that they need to fulfil their potential. As a result, they are falling short of this potential, in terms of both revenue and efficiency, by one-third or more. This translates into trillions of dollars in lost opportunity.