Is there a business case for DaaS?
SimCorp and Adox Research survey 90+ senior tech and data management execs to learn the concerns and expectations of managed data.
For many asset managers, data management is an in-house, on-premise function. But sourcing, validating and distributing market data is expensive and time-consuming. Instead IT teams are making the business case for managed data or data-as-a-service (DaaS).
To better understand the rationale for managed data, we commissioned Adox Research to survey 90+ senior technology and data management executives with tech-buying responsibility. You’ll learn their concerns and expectations of managed data, and ultimately if the pros outweigh the cons.
Key concerns addressed in this report:
- Compliance and digital transformation - IT caught between must-do and must-have capabilities
- Adoption of DaaS is expected to yield significant returns - two thirds of firms expect to reduce costs by as much as 20%
- Benefits beyond “vanilla” reference data: risk and performance projects present high-value data challenges
