Citi Prime Finance’s 2011 IT Trends & Benchmarks Survey
I
41
Large Funds
: Breakdown of Data Spend
• Large funds allocate less of their IT budget toward
research / modeling than their medium-size peers,
refecting the notion that their investment approach
has now been well developed
Source: Citi Prime Finance
0
50,000
100,000
150,000
200,000
250,000
300,000
350,000
400,000
Large Funds
: Data Spend by Category
• Average annual data spend for large funds is
$1.025 million USD
Source: Citi Prime Finance
Transaction Data
Research/
Modeling
36%
Large Funds: Breakdown of Data Spend
22%
30%
Pricing &
Market Data
12%
Reference &
Operational
Data
Data