22 Mar 2018 Global Spend on Financial Market Data & News Topped $28BN, Strongest Growth Since 2011 – Burton-Taylor Report

Moody’s Analytics delivers industry’s highest five-year CAGR; Bloomberg returns to positive terminal growth; Pricing, Reference & Valuation Datafeeds led product growth, but Portfolio Management & Analytics gaining

Spending on financial market data/analysis and news set new highs in 2017, while showing the greatest year-on-year growth since 2011, according to a new report published today by Burton-Taylor International Consulting (part of TP ICAP’s Data & Analytics division).

“The financial market data/analysis story continues to be one of unending demand for the information and tools necessary to ensure regulatory compliance,” says Douglas B. Taylor, founder & Managing Director of Burton-Taylor.  “Moreover, the continued posturing of global exchanges and traditional market data vendors to serve those data demands is causing significant “hand-wringing” around the industry.”

The report finds that global spend was up 3.57%, to reach USD28,480.9m, topping the 28 billion mark for the first time.  On a constant currency basis, the 2017 growth was 3.27%, as FX adjustments benefited the market by about USD80m.  

At 33.22%, Bloomberg increased revenue but slightly decreased market share, as did Thomson Reuters and S&P Global Market Intelligence, while FactSet Research Systems increased share to 4.45%.  Of the global players, Moody’s Analytics led year-on-year growth with 19.06%, part of which was due to acquisition. 

Risk & Compliance users again were the fastest growing customer groups in 2017 and have now delivered a whopping 9.71% compound annual growth rate (CAGR) over the past five years.  Pricing, Reference & Valuation products and Portfolio Management & Analytics products were in highest demand, growing an average of 7.96% and 6.80% per year, respectively, over the same period.

The 148 page Burton-Taylor Financial Market Data/Analysis Global Share & Segment Sizing 2018 – Key Competitors 2013-17, Global Market Share 2013-17, Global Segment Sizing 2013-17, Global Product Mix 2013-17, Global User Mix 2013-17, Global Institution Mix 2013-17 report shows that Moody’s Analytics (11.14%), Platts (9.62%), S&P Global Market Intelligence (9.33%) and FactSet (8.97%) delivered the highest five-year CAGR among market data/analysis or news vendors with at least USD500m in global revenue.  The report also indicates that demand increased in all three regions; the Americas, Europe, Middle East & Africa (EMEA), and Asia

 

A free download of which includes extracts from the report, and the table of contents, may be requested by visiting the Burton-Taylor Research Request page and inputting research sample code FINMARKET2018.

The Burton-Taylor Financial Market Data/Analysis Global Share & Segment Sizing 2018 – Key Competitors 2013-17, Global Market Share 2013-17, Global Segment Sizing 2013-17, Global Product Mix 2013-17, Global User Mix 2013-17, Global Institution Mix 2013-17 report may be purchased by visiting https://burton-taylor.com/product/financialreport/ or by contacting orders@burton-taylor.com, +1 646 201-4152.

 

Media Contacts

Douglas B Taylor, questions@burton-taylor.com+1 646 201-4152

About Burton-Taylor International Consulting LLC

Burton-Taylor International Consulting, part of TP ICAP group, is a recognized leader in information industry market research, strategy and business consulting.  Burton-Taylor Exchange, Credit, Risk, Compliance, Media Intelligence, PR and Market Data share figures are regarded as industry standard globally. Burton-Taylor clients command an estimated 80% share of global revenue in the Market Data space and include the world’s largest information companies and exchange groups, key government organizations and regulatory bodies on multiple continents, the largest advisory firms serving the industry and more than 30 of the most active private equity and investment companies around the world.    

About TP ICAP

TP ICAP brings together buyers and sellers in global financial, energy and commodities markets. It is the world’s largest wholesale market intermediary, with a portfolio of businesses that provide broking services, data & analytics and market intelligence, trusted by clients around the world. We operate from offices in 31 countries, supporting award-winning brokers with market-leading technology. For further information see www.tpicap.com.