Citi Prime Finance’s 2011 IT Trends & Benchmarks Survey
I
33
Small Funds:
Breakdown of Data Spend
• 43% of the data budget of small funds is spent on
pricing & market data—the highest proportion of all
fund segments surveyed
• 17% of the data budget of small funds is allocated
toward research / modeling data—the lowest
proportion of all fund segments surveyed
Source: Citi Prime Finance
0
10,000
20,000
30,000
40,000
50,000
Small Funds:
Data Spend by Category
• Total data spending by small funds is, on average,
$107,000 USD annually
Source: Citi Prime Finance
Transaction
Data
Pricing
& Market
Data
43%
Small Funds: Breakdown of Data Spend
17%
24%
Reference &
Operational Data
16%
Research/
Modeling
Data