Banks Look to Market Data Management


LONDON--Market data management software firms enjoyed a busy and successful year thanks largely to banks cutting back on market data expenditures.

The bear market caused many major Wall Street firms to tighten market data budgets and sparked their interest in market data management systems for cost control and containment.

An official at one market data management system vendor says, "It’s been a very dramatic year and we’re finding that we are having to increase in size. At the beginning of t

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