Why Market DataASPs Make Sense

OPEN PLATFORM

User firms are slowly recognizing that market data management ASPs can offer important benefits.

By Ben Mendoza, CEO, Market Data Services Ltd.

In many situations, using an application service provider (ASP) to perform market data management functions makes sense. In the ASP model, the application and server are hosted by the vendor, and the user gains access to the software by connecting to the vendor’s servers via a virtual private network.

ASPs have made precise market data management affor