Tower: Speed to Drive Data Spend

FRONT PAGE: SPECIAL REPORT

Spend by US firms on market data and related infrastructure services will rise over the next three years before levelling off, as firms implement low-latency market data architectures, according to a new report from research firm TowerGroup.

TowerGroup predicts that total US spend will rise from $9.9 billion in 2005 to $10.9 billion in 2008. Spend on content will rise at a compound annual growth rate (CAGR) of one percent, with spend on real-time data increasing from $5.4 billion to $5.6 bill