The Billion Dollar Problem

At our North American Financial Information Summit in New York in April, the editor of our sister publication IMD Reference, David Anderson, said he estimated that the reference data market was worth more than $1 billion. As the rest of the financial data market was estimated at around $13 billion, I was slightly surprised at how small this figure was, even considering the vagueness of the estimate. With all the happenings in the reference data market, it certainly feels like the reference data

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