Citi Prime Finance’s 2011 IT Trends & Benchmarks Survey
I
37
Medium Funds
: Breakdown of Data Spend
• Medium funds double the percentage of their
Research / Modeling data budget allocation relative
to smaller funds, as they begin to refne their
investment decision-making process
Source: Citi Prime Finance
0
20,000
40,000
60,000
80,000
100,000
120,000
Medium Funds
: Data Spend by Category
• Funds in this segment have an average
annual data expense of $282,000 USD
Source: Citi Prime Finance
Transaction Data
Research/
Modeling
36%
Medium Funds: Breakdown of Data Spend
22%
30%
Pricing &
Market Data
12%
Reference &
Operational
Data
Data