GreySpark: Cost Remains Barrier to Using Low Latency Data in EMSes

Frederic Ponzo, managing partner, GreySpark Partners

Banks and brokers reviewing their execution management systems are looking to switch out traditional data vendors in favour of low-latency market data providers to improve performance, but are finding that the cost of replacing vendors with direct exchange feeds can be a barrier to wider adoption, according to a survey of sell-side order management and execution management systems conducted by London-based capital markets consultancy GreySpark Partners.

“If sell-side firms have the market connec