Locally or globally, catastrophe has been arriving with greater frequency and intensity than ever before. But none of them have so drastically heralded significant market swings as the one caused by the coronavirus. The global financial markets have lost historic chunks of value, leading to wealth managers and financial advisors under tremendous pressure to protect margins. Where can you cut costs rapidly? You might start by looking at your financial data provider. The important questions are how much data is necessary and how much should you be willing to pay for it.
