New horizons: What the Nordic Cap-BMLL tie-up hints at for market data’s future
The IMD Wrap: Reb looks at Nordic Capital’s announcement last week of it purchasing BMLL to read some tea leaves.
Two weeks ago, we looked at fintech funding, and the story of whether current trends show a continued bust or a new boom is somewhat open to interpretation, as Max wrote. This week, we’re taking a closer look at market data funding, which appears to be more obviously on the rise.
Global market data spend hit a record last year, reaching $44.3 billion and further cementing its position as one of the biggest costs faced by financial institutions, according to data from TRG Screen, which provides
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