Inside Market Data/Special
Panel: China Demand for Data, Tech to Grow
A growing economy, burgeoning numbers of retail investors, and the need for technology to compete with Western markets are all driving demand for market data in China's financial markets, according to panelists in Shanghai.
Panel: Firms Weigh Cost, Complexity Of Forecasting Data Capacity
The ongoing exponential growth in data volumes, driven in part by improving low-latency technologies, is forcing firms to improve their forecasting and management of capacity needs and associated costs, according to panelists at last week's Waters Power…
Japanese Focus Shifts to Cost, Feeds
Vendors seeking to make an impact in the Japanese financial markets must approach potential clients with data products that offer real value and flexible commercial models as the country and region weathers the current economic downturn, according to a…
Thomson Reuters Ups Integration Savings
Thomson Reuters expects to increase its revenues in 2009, despite predicting a possible decline in data desktop revenue as a result of the economy and layoffs at client firms, according to the vendor's 2008 annual report, released last week.
Tabb: Data to Drive Datacenter Spend
Spending on datacenters and co-location by financial firms will grow in the coming years, despite budget restraints in the current economic climate, as demand for space grows and costs remain high, according to a new report from Tabb Group.
Saxo CEO: Data Is Both Cause of And Cure for Economic Crisis
Financial firms must focus on improving data quality process automation to navigate their way out of the current financial crisis, while regulators and competitive forces will also dictate change by contributing to further requirements for increased…
Economic Woes Drive Sourcing Decisions
While Nordic data managers may have escaped some of the strictest data cost pressures facing other firms, as a result of the region's lower exposure to the US sub-prime meltdown, the ongoing global financial crisis is still forcing banks to take strict…
Content Quality Remains Key Concern
The quality of data continues to be a major concern for market data users, who are looking for more industry standardization to help define clearer quality benchmarks, as well as simpler and more accommodating licensing policies in light of restrained…
Latency Still a Priority, But Not 'Holy Grail'
At the cutting edge of market data, firms are still investing in the latency arms race by adopting the latest technologies and strategies for reducing latency, though some participants are beginning to question whether they can justify the investment…
Report: Data Industry Seeks Third Player for New 'Big Three'
FactSet Research Systems, Interactive Data and SIX Telekurs saw the fastest growth among major data providers in 2008 as the market seeks a third competitor to break up the duopoly of Thomson Reuters and Bloomberg, which both saw slight growth in market…
Panel: Budgets Steer '09 Strategies
Cost issues will be the primary drivers in 2009 for firms to seek greater value from data vendors and decide potential changes to their market data infrastructures, including switching data providers or tapping new technologies, panelists said at a…
Guest Editorial, The Case for a European Consolidated Tape in 2009
As we enter the New Year, Hirander Misra, chief operating officer of Chi-X Europe, looks ahead to the potential for a consolidated tape of data for the European markets
Technology Tips for 2009
Technology is an increasingly important factor in gaining competitive advantage. As firms weigh the cost of risk management, low-latency and data storage technologies, Inside Market Data assembled a panel of data technology experts to discuss what new…
Celent: Asian Exchanges Lag on Data
Although demand for market data in Asia continues to grow, especially with increased electronification of trading in equity and index options, exchanges in the region will focus less on generating revenues from data sales in 2009 than exchanges in Europe…
Data Demand in a Downturn
With the financial markets in turmoil, 2009 brings an increased focus on data quality for better risk management and generating alpha from new asset classes, tempered by cost controls in response to the current fragile economy. This roundtable gathers a…
CEP Tries to Branch Out From Complex Roots
Complex event processing software vendors continued to win business from algorithmic trading operations that require analysis of high- frequency data streams during 2008, but also sought to make their products seem less complex to promote takeup across…
Firms Struggle to Tame Capacity, Latency
Trading firms continued to pursue ever-lower latency in 2008, but continued to face challenges from spiralling data volumes, driven by options data and the arrival of new trading venues in Europe. With no clear solutions emerging to address the dual…
MiFID Changes Spur EU Consolidated Tape
One year after the introduction of the European Commission's long-anticipated and dreaded Markets in Financial Instruments Directive, the European equity markets have undergone a huge facelift.
Merged Thomson Reuters Breaks Cover
One of last year's big talking points-the takeover of Reuters by Thomson Corp.-came to fruition this year, creating a combined data vendor larger than rival Bloomberg and with a diverse set of products and services beyond just financial markets, such as…
Financial Crisis Puts Rating Agencies Under Fire
Rating agencies came under closer scrutiny from regulators during 2008, following last year's sub-prime mortgage disaster and the ensuing broader financial crisis.
Economy Weighs Heavy on Data Spend in '08
This year's troubled economic climate has forced firms to delay investments in market data in some areas, and find ways to do more with the same resources, as many firms face uncertainty following the collapse of Bear Stearns and Lehman Brothers, and the…
Exchanges, Users Face Off Over Data Fees
Exchanges faced increasing push-back from their subscribers over market data fees in 2008 as new charges and price hikes met hostility from user firms battling to reduce their data budgets.
User Deployments Center on Cost Control
Budget restraints played a major role in the decision-making process behind deployment of products and services at user firms during 2008, with many looking to vendors to provide cost-saving solutions to replace in-house systems and processes.
Fragmented Europe Provides Window for Vendors
The past year saw the launch of a slew of new products, with many designed to help user firms navigate the increasingly fragmented European trading landscape resulting from the arrival of new MiFID-inspired multilateral trading facilities.