- March 9, 2016
- Posted by: David Tabaka
- Category: Compliance, Market Data, Media, News, Risk
The gap between Bloomberg and Thomson Reuters, leaders in the financial market data/analysis or news business, widened slightly in 2015.
Burton-Taylor International Consulting LLC, a US information industry market research, strategy and business consultancy, said Bloomberg’s share was 33.33 per cent and Thomson Reuters’ 24.29 per cent.
Its latest report indicated the 2015 global spend for financial market data/analysis or news was up 1.17 per cent, to reach $26.63 billion. Growth was stunted by a strong US dollar, which may have cost the industry as much as $778 million.