Citi Prime Finance’s 2011 IT Trends & Benchmarks Survey
I
45
Franchise Funds
: Breakdown of Data Spend
• Interestingly, the data budget allocation of franchise
funds most-closely represents the data budget allocation
of the average fund across all segments
Source: Citi Prime Finance
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
Franchise Funds
: Data Spend by Category
• Average annual data spending by franchise funds is
$2.2 million USD
30%
36%
12%
22%
Transaction Data
Research/
Modeling
Pricing &
Market Data
Source: Citi Prime Finance
Franchise Funds: Breakdown of Data Spend
Reference &
Operational
Data
Data