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.  

Burton-Taylor estimates that worldwide information and analysis spend by the corporate and financial services sectors grew 4.9% in 2007. Asia led all regions with nearly 8% growth, year on year. Not surprisingly, China was the fastest growing country at 12.9%, followed by India at 11.5%. Fixed Income/FX Sales & Trading, totaling US$6.47 billion globally, is the largest single segment within each major region. While Investment Management is the second largest segment in the Americas and Asia, Equity Sales & Trading holds the number two spot in the Europe, Middle East and Africa region.

Although 2008 will be challenging for the industry, Burton-Taylor expects financial information/analysis spend to grow at a rate of just over 6% for the year, to US$24.4 billion. Regulatory changes cascading through countries around the world, coupled with the continued evolution and maturity of the markets in China and India, will drive growth.

“Uncertain economic times, particularly in the US, will make 2008 a year of caution for many clients of the information/analysis vendors,” says Douglas B Taylor, Managing Partner of Burton-Taylor. “Fortunately for …