Celent: FSA Proposals Could Drain Millions From Vendors
INDUSTRY FOCUS
Providers of independent research and market data will suffer revenue declines of millions of pounds if the UK’s Financial Services Authority’s (FSA) proposals to ban softing and bundling go ahead, according to a report released this month by research and advisory firm Celent Communications. The report confirms market expectations of the effects of the proposals.
The implications of the FSA proposals are significant: fund managers would pay directly for all services that are currently soft
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