May 10, 2010
Inside Market Data - Special Report
Survey: Valuation, Risk, Regulation to Drive Data Spend
Risk management and emerging markets will account for the highest growth in market data spend over this year and next, with valuation tools accounting for the highest single area of expenditure, according to the results of a survey of market data demand conducted by Burton-Taylor International Consulting LLC. Full Story
May 5, 2010
Financial Times - Deutschland
Mit seinen Datenterminals hat sich Bloomberg in der Finanzbranche unentbehrlich gemacht. Damit das so bleibt, dringt der Dienstleister immer tiefer in die Medienbranche vor - und zeigt den Rivalen, wie man Informationen profitabel vermarkten kann.
Wer dieser Tage am Kiosk nach der neuesten Ausgabe der "Businessweek" greift, stutzt zunächst. Das Format des US-Wirtschaftsmagazins ist das gleiche wie früher, ansonsten sieht das Heft völlig anders aus. Im Innern mehr Seiten, kleinere Schriften und neue Rubriken. Auf dem Titel viel Weiß, eine veränderte Seitengeometrie - und groß der neue Name: "Bloomberg Businessweek". Full Story
April 19, 2010
Dow Jones Financial News Online
Bloomberg Goes Head to Head with Reuters in Global Debt Markets
Bloomberg and Thomson Reuters, two of the largest news organisations, differ significantly in their coverage of global debt markets, with Bloomberg offering a more focused service, according to a recent study.
Research published last week, by US-based advisory firm Burton-Taylor International Consulting, found that Bloomberg offered “a generally more tightly focused volume of fixed-income content across a wider number of fixed-income instruments”. Full Story
April 12, 2010
Inside Market Data - Special Report
Report Compares Bloomberg, Thomson Reuters FI News
A comparative analysis of fixed income news coverage from Bloomberg and Thomson Reuters conducted by Burton-Taylor International Consulting LLC reveals that while the two vendors deliver roughly the same number of fixed income news items per day, they differ in focus by region and asset class coverage. Full Story
April 12, 2010
Press Release
Burton-Taylor Report Declares “Winner” Between Bloomberg and Reuters Fixed Income News Services
Burton-Taylor study reveals significant differences in regional output, focus and fixed income instrument coverage between the financial news giants
Burton-Taylor International Consulting LLC, a leading market research, strategy and business consulting organization, today announced the publication of the first ever detailed comparison and analysis of English language fixed income news from Bloomberg and Reuters. Full Story
February 25, 2010
Les Echos
Le secteur de l'information financière en pleine mutation
Le marché de l'information financière est animé par de nombreux mouvements et rumeurs de concentration. Les revenus globaux devraient légèrement reculer cette année.
Le secteur de l'information financière fait l'objet de mouvements quasi permanents. Au-delà de la gigantesque fusion réalisée en 2008 entre le canadien Thomson et le britannique Reuters, cette industrie est agitée de rumeurs et d'opérations de plus petite taille. Full Story
February 2, 2010
Gulf Coast Business Review
Osprey-based Burton-Taylor International Consulting sees a lot of room for financial-data firms to make money in China, and it plans to be among them.
The Gulf Coast business-consulting firm recently published a full data analysis of the mainland’s market and market share, which showed that Chinese portfolio managers and researchers spend far less than the global average but that spending has been growing at nearly 30% annually the past six years. Full Story
January 29, 2010
Dow Jones Financial News Online
Chinese asset managers have increased their data spend by 30% over the past six years, making an outlay of $340 million (€243 million) last year, indicative of the continuing growth in the country's financial sector.
The increased demand for market information by mainland China's investment community has been met, to a large extent, by local firms, according to a report released yesterday by research firm Burton-Taylor International Consulting. Full Story
January 27, 2010
Press Release
Burton-Taylor data shows China financial information/analysis
demand has grown at 29.5% CAGR since 2003, international content
needs are expanding while overall satisfaction levels are dropping
Burton-Taylor International Consulting LLC, a leading information and news industry market research, strategy and business consulting organization, today published a report showing mainland China financial market data/analysis spend to have topped USD340 million, exit 2009. What has historically been an opaque market, has now been revealed to have averaged 29.5% annual growth over the last six years. Full Story
January 25, 2010
Inside Market Data - Special Report
China Data Needs Grow as Market Matures
The financial industry will spend $22.7 billion worldwide on market data and related services this year, a decline of 1.5 percent from $23 billion in 2008, primarily as a result of budget and staff cuts at end-user firms that have led to reductions in data terminals, according to research released this week by Burton-Taylor International Consulting LLC. Full Story
December 8, 2009
The Economic Times - India
Thomson Reuters to Strengthen Presence in Asia
MUMBAI: Thomson Reuters, the world’s largest financial data and news provider, is moving more jobs to India and other Asian nations as the developed nations are still emerging from the worst recession after the credit crisis, said a senior company executive. “We are moving more international jobs to the region,” Thomas Glocer, CEO of Thomson Reuters said in an interview. Full Story
December 3, 2009
Wall Street & Technology
Market Data Spending Dipped Slightly in 2009
Burton-Taylor projects modest 1.46% drop in market data spending; Bloomberg and Thomson Reuters share 61% of the market, but FactSet has had the fastest growth in market share.
As the year draws to a close, Burton-Taylor International Consulting projects the 2009 global spend for financial market data and analysis will be down 1.46% versus 2008. The Burton-Taylor analysis estimates the industry will exit 2009 at $22.68 billion after closing 2008 at $23.01 billion. Full Story
December 2, 2009
Press Release
Burton-Taylor data indicates Investment Management, Commodities & Energy and Investment Banking segment growth, with market share gains for Bloomberg, FactSet, others
Burton-Taylor International Consulting LLC, a leading market research, strategy and business consulting organization, today published a report projecting the 2009 global spend for financial market data and analysis as down 1.46% versus 2008. The Burton-Taylor analysis estimates the industry will exit 2009 at US$22.68 billion after closing 2008 at US$23.01 billion. Full Story
November 30, 2009
Inside Market Data - Special Report
Report: Bloomberg Gains as Spend Falls
The financial industry will spend $22.7 billion worldwide on market data and related services this year, a decline of 1.5 percent from $23 billion in 2008, primarily as a result of budget and staff cuts at end-user firms that have led to reductions in data terminals, according to research released this week by Burton-Taylor International Consulting LLC. Full Story
November 14, 2009
Twin Cities Business
The Eagan business that was once West Publishing now supplies its parent company with the intellectual firepower to outmaneuver Bloomberg and LexisNexis.
There may be no more concise way to sum up the changed nature or ambitions of the former West Publishing Company than what Roger Martin says: “We are sort of the next generation of Google—without the garbage—for professionals.” Full Story
October 4, 2009
Crain's New York Business
Bloomberg Aims to Lasso BizWeek
Mayor Michael Bloomberg is a name familiar to millions of consumers. Bloomberg LP, the financial news and information company he founded nearly 30 years ago, is not.
That may be about to change. Full Story
August 30, 2009
The Sunday Times - London
Thomson Reuters Explodes into Web Age
When the banking crisis tore through Wall Street and the City of London there wasn’t much Devin Wenig could do, apart from sit and watch the trading screens in his office turn red.
As for any supplier to investment banks, a string of collapses including Bear Stearns was not good news for Thomson Reuters, even though the financial news and data provider claims to thrive on volatility. Full Story
June 29, 2009
Inside Market Data
Survey: Piracy Costs Data Industry $8b
The financial information and analysis industry is losing an estimated $8 billion of subscription revenue each year as a result of subscribers sharing login information and content "scraping," according to a survey conducted by Burton-Taylor International Consulting LLC. Full Story
May 19, 2009
Press Release
AdmitOne‘s Cross-industry Piracy Metrics and Remediation Techniques to Help Financial Industry Leaders Prevent Fraud and Capture Lost Revenue.
AdmitOne Security, the leading innovator of identity assurance and analytics solutions, today announced its participation in the Anti-Piracy Working Group of the Financial Information Services Division (FISD) of the Software & Information Industry Association (SIIA).” Full Story
May 10, 2009
New York Post
Wall Street 2.0 Tests Bloomberg
Bloomberg LP, which for two decades combined a booming Wall Street economy, weak competition and a quality product to create an ever-growing, money-making machine, is experiencing one of its toughest stretches ever. Full Story
April 30, 2009
Press Release
Burton-Taylor Publishes First Ever Analysis of Bloomberg News v Reuters News
B-T study reveals significant differences in output, focus and approach between the financial news giants
Burton-Taylor International Consulting LLC, a leading market research, strategy and business consulting organization, today announced the publication of the first ever detailed comparison and analysis of English language international financial news from Bloomberg and Reuters. Full Story
April 27, 2009
Inside Market Data
Research Compares Bloomberg, Thomson Reuters News
A comparative study of news services from Bloomberg and Thomson Reuters shows that Bloomberg generally produces a higher volume of news items, while Thomson Reuters generally focuses more on analysis, according to research released this week by Burton-Taylor International Consulting LLC. Full Story
February 24, 2009
AFP - Agence France-Presse
Thomson Reuters compte croître encore en 2009
Le groupe anglo-canadien d'information financière et professionnelle Thomson Reuters a dit mardi tabler sur une nouvelle croissance de son chiffre d'affaires en 2009, après avoir vu son activité et ses bénéfices augmenter en 2008 malgré la crise. Full Story
February 23, 2009
Dow Jones Financial News Online
Data vendors risk losing momentum
Thomson Reuters and Bloomberg face slowdown in growth
On the face of it, this year may look like a grim one for the firms that supply the world’s banks with financial data but the outlook may not be as bad as it seems, at least for those companies that have diversified their businesses. Full Story
February 19, 2009
Dow Jones Newswires
Interactive Data Corp.'s (IDC) fourth-quarter net income grew 26% on sales gains bolstered by acquisitions, as the company projected strong 2009 growth.
Global spending by the securities industry on data, largely through leasing desktop terminals, is forecast to shrink by about 3% according to a report published this week by data specialist Burton-Taylor International Consulting LLC. Full Story
February 17, 2009
Press Release
B-T quantifies financial information and analysis spend at US$23 billion in 2008; Asia and Europe showed growth while the US contracted. Thomson Reuters and Bloomberg hold 58% market share, but FactSet, Interactive Data Corp and SIX Telekurs show strongest growth
Burton-Taylor International Consulting LLC, a leading financial news and market data research, strategy and business consulting organization, today released data showing the market shares of industry leaders Thomson Reuters (TRI) and Bloomberg to have increased slightly in 2008 to 34% and 24% respectively. Full Story
February 16, 2009
The Wall Street Journal
Financial News: Financial-data providers face a 2009 revenue dip
Providers of financial information are facing a significant drop in revenue as the financial crisis punishes their clients.
Global spending by the securities industry on data, largely through leasing desktop terminals, is forecast to shrink by about 3%, or $700 million this year, according to a report to be published this week by data specialists Burton-Taylor International Consulting. Full Story
February 16, 2009
Dow Jones Financial News Online
Credit crisis takes $500m bite out of Bloomberg and Reuters
The world’s largest financial information providers, Bloomberg, founded by New York Mayor Michael Bloomberg and Thomson Reuters, could take a hit of more than $500m (€388m) on their revenues this year as the financial crisis punishes their clients. Full Story
February 16, 2009
Inside Market Data - Special Report
Data Industry Seeks Third Player for New ‘Big Three’
FactSet Research Systems, Interactive Data Corporation 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 share, according to new research from Burton-Taylor International Consulting LLC. Full Story
February 15, 2009
The Wall Street Journal
Financial News: Bloomberg, Reuters hit by credit crisis
The world’s largest financial information providers, Bloomberg founded by New York Mayor Michael Bloomberg and Thomson Reuters, could take a hit of more than $500m (€388m) on their revenues this year as the financial crisis punishes their clients. Full Story
December 8, 2008
Inside Market Data
'08 Data Spend Flat, Driven by Asia, EMEA
Firms worldwide will spend $23 billion on financial data in 2008-the same as in 2007-with a drop in outlay in the Americas but an increase in EMEA and Asia, according to research released by Burton-Taylor International Consulting LLC. Full Story
December 4, 2008
Dow Jones Financial News Online
Data giants face shrinking bank revenues
The financial data business faces an unfavorable outlook in the next two years following a stagnation in growth this year, leaving the door open to new companies to challenge the duopoly of Thomson Reuters and Bloomberg, according to new research. Full Story
November 3, 2008
Press Release
B-T measures contraction of Investment Banking needs, expansion of FX and Corporate needs, as well as market share changes of key global competitor
Burton-Taylor International Consulting LLC, a leading market research, strategy and business consulting organization, today released data projecting the 2008 global spend for financial information and analysis as flat versus 2007. Full Story
September 16, 2008
Press Release
Burton-Taylor International Consulting LLC Expands Corporate Headquarters
Growing client list, which includes PricewaterhouseCoopers, Dow Jones, Morgan Stanley, Goldman Sachs and FT Ventures, spurs quadrupling of space
Burton-Taylor International Consulting LLC, a leading market research, strategy and business consulting organization, today announced the move of its headquarters to significantly larger offices in Osprey, Florida. Full Story
June 23, 2008
The New York Times
The New Fight for Financial News
For years, The Thomson Corporation was the information giant that rarely talked about its own business. But since its acquisition of Reuters, which closed this year, that reticence has softened. Thomas H. Glocer, the head of the combined company, is very candid about where he is aiming next. Full Story
February 29, 2008
Gerson Lehrman Group Councils - Analysis View
New Thomson-Reuters Combination Will Command 32% Share of US$23 Billion Market
Implications
The Thomson-Reuters merger approval reduces “the Big 3” financial information players to “the Big 2”. Not only does it dramatically change the market share of the dominant players but it also limits competition and vendor choice for the users of information…at least until a new vendor steps-up to create “the new Big 3". Full Story
February 11, 2008
Inside Market Data - Special Report
Fixed Income, FX Drive 2007 Data Spend
Global spend on financial data could reach $24.3 billion in 2008, driven by demand from sales and trading operations, up from $23 billion last year, according to research released last week from Burton-Taylor International Consulting LLC. Full Story
February 5, 2008
Press Release
Burton-Taylor Data Shows Financial Information and Analysis Spend Topped US$23 Billion in 2007
Burton-Taylor quantifies financial information/analysis spend across key industry segments, as well as market share of key competitors around the world
Burton-Taylor International Consulting LLC, a leading market research, strategy and business consulting organization, today released data showing the global spend for financial information and analysis topped US$23 billion in 2007, with roughly half coming from the Americas and almost 30% occurring in the Fixed Income/Foreign Exchange (FX) Sales & Trading segment. Full Story
Latest Burton-Taylor News
May 5, 2010
Financial Time - Deutschland
Bloomberg auf allen Kanälen
Mit seinen Datenterminals hat sich Bloomberg in der Finanzbranche unentbehrlich gemacht. Damit das so bleibt, dringt der Dienstleister immer tiefer in die Medienbranche vor - und zeigt den Rivalen, wie man Informationen profitabel vermarkten kann.
This story, as well as all Burton-Taylor news may be accessed through the Press Room link below.
Latest
Burton-Taylor Research
May 10, 2010
Financial Market Data/News Demand, 2010 & 2011 - Global Survey Results
Burton-Taylor surveyed 76 global market data or news vendor executives, users and consultants, asking them to forecast 2010 and 2011 spend by individual market data user segments, by individual regions and for individual product types. The results show a clear "demand compass" from hedge funds to risk managers, from West to East and from desktops to datafeeds.
This report, as well as all Burton-Taylor free or for purchase research, may be requested through the All Research link below.
