Waters Wrap: Market data spend and nice-to-have vs. need-to-have decisions

Cost is not the top factor driving the decision to switch data providers. Anthony looks at what’s behind the evolution of spending priorities.

There’s a phrase we use internally at WatersTechnology: “Nice to have or need to have?”

The premise is pretty straightforward: Would a given story be nice to have or is it something a subscriber needs to have? Some articles fall into the former category, but we hope the majority of what we publish qualifies as the latter.

Need-to-have is recession-proof. If you keep improving the product, you can grow your business with more users and even introduce incremental price increases without losing

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Waters Wrap: GenAI and rising tides

As banks, asset managers, and vendors ratchet up generative AI experiments and rollouts, Anthony explains why collaboration between business and tech teams is crucial.

Northern Trust building internal cloud data ‘marketplace’

Using a mix of in-house expertise and third-party technologies, the firm has constructed a cloud-based data mesh that gives internal staff access to proprietary datasets and analytical tools to deliver greater insights into client activity.

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