Users: Budget Squeeze Hits Data
"Budget constraints are becoming a bigger factor... so it is becoming harder to meet expectations.... Sometimes you have to tell budget controllers that any more cuts will damage the business," Charles Hermans, head of market data management at HVB Group, told attendees.
"That's the huge conflict right now-budgets are going down, but there is more need for better-quality data," said Alexandra Balloff, global head of market data management at WestLB. "But I think situations like this make the
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