Robeco Targets Cuts to Data Spend in 2010
The initiatives stem from an operational review that showed potential for improving the firm's profitability by broadly reducing its operating costs in line with its peer group. A subsequent investigation found that specific savings could be made in market data procurement if the initiative gained the support of senior management, says Robeco market data supply manager Tristan Dehaan.
To realize savings of between 10 and 15 percent next year, Robeco's data management team has embarked upon three
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