Business, Not Technology, Is Driving the Industry


One of the main challenges facing the market data industry is realizing that "the business is the driver and not technology," says Tom Jordan, president and CEO of consultancy Jordan & Jordan, who spoke at last week’s Securities Industry Middleware Council’s (SIMC) meeting on ‘The New Regime of Market Data.’

"People can get carried away with the technology and lose focus on the business purpose," says Jordan. He points to the mistakes made in the trading industry around the Global Straight Th

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