Greenwich: Firms Spend $1.2 Bn/Year on Consolidated Data

The study shows that consolidated feed usage continues to grow to serve business expansion and regulatory needs, and is more widely used than much-hyped ultra-low-latency feeds.

Capital markets firms spend $1.2 billion each year on consolidated market data feed products, with spend growing by more than 6 percent year-on-year for the last five years, according to a new study by research firm Greenwich Associates.

The study, Revitalizing the Consolidated Real-Time Feed Business, was compiled by Greenwich Associates in the first quarter of this year, and combines interviews with consolidated feed providers and consumers, with data collected from Alphacution Research Conservatory─the digitally-oriented research and strategic advisory firm formed by Paul Rowady, founder of Tabb Group‘s data, analytics and technology advisory practice─and research and consultancy firm Burton-Taylor International Consulting LLC, and other public sources such as publicly disclosed financial results.

Read the full story here:  http://www.waterstechnology.com/inside-market-data/news/2460349/greenwich-firms-spend-usd12-bn-year-on-consolidated-data

 



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