QUESTION: Why should you compare what you spend on market and alternative data against the spending of industry peers?
Benchmarking market and alt data spend against peers can provide powerful insights into where you may be over, or under-investing. The more comprehensive the dataset that you can compare against, the clearer the picture becomes. Identifying spending trends, both at the firm and user level, helps ensure you are allocating resources where they will drive the most value.
QUESTION: Is there value in identifying the latest trends within market and alternative data?
There is real value in staying ahead of emerging trends in market and alternative data. But it’s not always easy to distinguish meaningful innovation from passing fads. Experts with deep, hands-on experience across the vendor landscape are typically best positioned to separate signal from noise and guide smarter decisions. Staying informed is key, but having the right advisors is crucial.
QUESTION: What is the benefit of validating the ROI of your data and research budget?
Real ROI validation goes beyond gut checks or usage stats. It starts with a clear understanding of where your needs intersect with what your vendors actually provide. Identifying redundant licenses, underused tools or overlapping services can unlock substantial savings and help strengthen vendor relationships. The goal is smarter spending, not just spending less.
QUESTION: What is the biggest challenge of managing data contracts?
Many firms struggle to keep track of where their data contracts, renewal dates, and license details “live —especially when those agreements are spread across teams or systems. That’s the exact reason that we, at Concertiv, built and rely on a centralized platform (C360) that houses contracts, tracks key dates, ties spend to users and provides full visibility across the data portfolio. It’s the system we use ourselves to stay organized and in control —because it works, and we stand behind it.