"There are too many vendors out there, and everybody has their own little niche. It makes it hard for a market data manager to figure out what's best. I've tried to migrate traders from one to another...but you find a lot of personal preferences," said Mark Januszka, regional head of data services for the Americas at HSBC Securities.
"On one side, I'd love a smaller number of vendors, because that would mean less to manage.... But as someone who buys data, I prefer competition─and if they all me
Bill Murphy, CTO of Blackstone, once again joins the podcast to discuss the private equity firm's new offices, designed to house its innovations team.Subscribe to Weekly Wrap emails