Thomson Reuters won the Best Market Data Provider (Vendor) and Best Overall Data/Service Provider at the Inside Market Data and Inside Reference Data Awards, held on the evening of May 23, leading a highly competitive field of market and reference data content and technology providers.
Thomson Reuters also won Best Reference Data Integration Vendor, and gets a share of the glory in another category—Acquisition of the Year, which was won by Blackstone Group for its buyout of the vendor’s Financial & Risk division.
S&P Global Market Intelligence scooped three awards: Best Reference Data Provider, Best Counterparty Data Provider, and Best New Data Product for its Portfolio Analytics tool for evaluating trade performance analysis. SIX Financial Information also picked up three awards: Best Corporate Actions Data Provider, Best Reference Data Initiative (for its IRS Section 871(m) dividends data management solution), and Best Reference Data Newcomer (for its Regulatory Document Hub).
Bloomberg, Barchart, IHS Markit and the SmartStream Reference Data Utility took home two awards each: For the second year in a row, Bloomberg won Best Evaluated Prices Service Provider, and also won Contract Win of the Year for a deal to supply its BVal service to Capital Group for municipal bond pricing. Barchart won Best Market Data Newcomer (product) for its cryptocurrency feed, and Best Real Time Market Data Initiative for its provision of data to Brazilian workstation vendor. IHS Markit collected the awards for Most Innovative Market Data Project—for its partnership with index provider MSCI to help firms comply with SEC Rule 22e-4 (the “Liquidity Rule”)—and Best Enterprise Data Management Vendor. And SmartStream RDU won Best Enterprise Data Management Initiative and Most Innovative Regulatory Solution with its Systematic Internalizer registry.
In other categories, Indus Valley Partners won Best AI/Machine Learning Data Initiative for its IVP Robo Recon product; Exchange Data International won Best Corporate Actions Initiative for its NYSE corporate actions replacement dataset; Rimes Technologies won Best Managed Service for Reference Data; and GoldenSource won Best Risk Data Aggregation Provider. Fitch won Best Research Provider; FactSet repeated last year’s win of Best Analytics Provider; Quincy Data won Best Low-Latency Data/Technology Provider; newcomer Axon Financial Systems won Best Supporting Services Provider; and AlphaSense won Best Big Data Analytics & Technology Provider. Thasos Group won the new Best Alternative Data Provider category, while Duco won Best Data Governance Solution.
This year’s inductee into the Inside Market Data Hall of Fame was Ben Mendoza, founder and chairman of data inventory and cost management platform vendor MDSL
Bloomberg's Gerard Francis comes on the podcast to talk about how data fragmentation issues are becoming more challenging.Subscribe to Weekly Wrap emails