Industry Survey: Bridging the Transparency Gap

Industry Survey: End user firms want more transparency from their pricing and reference data vendors

DOWNLOAD SURVEY RESULTS NOW

Pricing vendors need to consider a more pro-active dynamic with their customers to provide more transparency into the due diligence process

The pressure is on now more than ever to provide more transparency into the due diligence process. In fact, according to a new FTF News Survey sponsored by Thomson Reuters, nearly half (45.8%) of the respondents (including operations staff, pricing managers, treasurers, and Chief Risk Officers) cite transparency into the underlying information about the offerings of pricing vendors as their #1 concern.

Some key survey highlights:

  • Clear evaluation process was cited as the top attribute of pricing vendors by 31.3% of survey respondents
  •  Top three drivers when assessing valuation and reference data
    providers: 75% named data quality, 47.9% pointed to risk
    management and 29.2% said cost cutting.

Pricing vendors need to do a better job proactively reaching out to their customers and pushing information to them rather than putting the onus on the client to pull down information.” – Jayme Fagas, head of evaluated pricing, Thomson Reuters

Click Here to Download Report

About Maureen Lowe

President and Founder of Financial Technologies Forum, LLC. Editor-In-Chief of FTF News. Entrepreneur, Jersey Girl that recently returned to Jersey, Loves to Bake, Married to a Kiwi, First Time Mom
This entry was posted in Back-Office, Data Management, Financial Technologies Forum (FTF) and tagged , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s