Although many financial firms are still facing budgetary constraints, there appears to be at least one area in which spending could grow: buying the necessary data to value the securities institutions trade and hold.

A study just released by consultancy A-TeamGroup shows that about 61% of 50 North American asset managers and securities services providers expect their budgets to buy data will grow over the next two to three years. About 41% of the respondents expect an increase of about 25%. The study, commissioned by data providers Standard & Poor’s and SIX Telekurs, was entitled “2011 Performance Benchmarking: Valuations in North American Buy Side Institutions.”

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