Europe Leans on New Revenue Streams

EXCHANGE WATCH

Financial results released by European exchanges show that many succeeded in protecting their takings from data sales by finding creative sources of revenue during the first half of 2003.

In particular, product innovation and information diversity have helped cushion many European exchanges from poor market conditions. For example, the London Stock Exchange (LSE) has broadened its portfolio of data products beyond real-time data to include a data display product, Proquote, as well as historical

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Northern Trust building internal cloud data ‘marketplace’

Using a mix of in-house expertise and third-party technologies, the firm has constructed a cloud-based data mesh that gives internal staff access to proprietary datasets and analytical tools to deliver greater insights into client activity.

Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

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