Data TCO - An Elusive, but Important, Baseline for Change

The sheer size of the data spend in financial services is astounding, but more astounding is the lack of transparency and knowledge around these costs. Wall Street and Technology has a nice piece on this subject but more than anything, it reinforces how little we really know about the true cost of data.  Citisoft believes that the true cost of ownership of data is often unknown, inaccurate, or poorly calculated. It is for this reason we have developed our tool kit to provide firms with a true breakdown of the cost of data ownership.

- Steve Young