BMO Centralizes Data Management, Infrastructure

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Canadian banking group BMO Financial Group is centralizing its firm-wide market data management and enhancing its market data infrastructure to enable the bank to source and distribute market data more efficiently and better manage its data spend.

BMO is now working on centralizing its market data collection function and building a “hub and spoke” architecture. This will ultimately enable it to source feeds directly to support the needs of its latency-sensitive algorithmic trading operations via

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