Itching to Spend

DATA DIVA

This year is shaping up to be a good one for the market data industry. Why? Put simply: Money! Firms are finally about to loosen their purse strings, more companies are hiring, and certain dry but important topics are finally getting their due.

Let’s take these long-awaited trends one at a time. The first is arguably the most important: the rise in spending. Firms have spent the last three years slashing their market data operations in order to lower costs and save money. Throughout all of this

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Northern Trust building internal cloud data ‘marketplace’

Using a mix of in-house expertise and third-party technologies, the firm has constructed a cloud-based data mesh that gives internal staff access to proprietary datasets and analytical tools to deliver greater insights into client activity.

Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

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