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Vendors: More Mergers Won't Stifle Innovation

In large part, consolidation seems to be driven by the cost of supporting infrastructures that have the ability to handle spiraling volumes of data traffic-which only a few global players can afford to do, said Dominique Tanner, head of business development at Telekurs Financial.

Data growth is not only a result of rising volumes, but also of broadening data sets, said William Haney, European commercial director for Thomson Financial, who says the definition of market data is constantly expanding

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