SunGard-A-Team Study on Reference Data Management Highlights Global Spend and Industry Striving to Improve Efficiency
11 Jul 2007
New York, NY – July 11, 2007 – SunGard (www.sungard.com) announced the findings of a global study on reference data management completed by A-Team Group, a research, publishing and consulting company specializing in the use of information technology in financial markets. The study, “Buyer Persona: The Influence Behind Data Management Solutions,” which was sponsored by SunGard, identifies senior management’s backing as a key driver in reference data management strategy, concluding that 80% of the 30 firms interviewed have increased spending on reference data services over the past two years. In the near future, over 87% of these firms plan to extend the use of their data management platforms – with regulations driving a greater need for improved risk management and data quality.
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