Cost Pressures Remain, But EU Vendors Upbeat


Market data vendors in Continental Europe say that as banks will continue to face cost pressures through 2004, vendors can capitalize on their attempts to do more with less.

However, unlike the UK, where a key focus has been on replacing expensive data terminals with cheaper alternatives, vendors predict that Continental firms will focus more on alternative technologies that can increase the efficiency of their data distribution infrastructures.

"Banks, ECNs and brokers are looking to generate

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