Now is the time to optimize market data spend and usage
Another year and another record global spend on the market data and information that enables financial market trading and global investment.
Another year and another record global spend on the market data and information that enables financial market trading and global investment.
DKF 2023 commenced with an evening reception on May 8th at a new location, the Tambosi, where guests enjoyed an evening of prosecco, canapes, and networking ahead of the conference the following morning.
Surging growth in the cost and complexity of market data combined with an insatiable demand for experienced talent is prompting financial firms to seek an alternative model to manage their market data inventory.
Financial market data and analysis is an indispensable component of global investment and trading and it’s growing all the time – in volume, variety, and value.
In search of a competitive advantage, firms have turned to non-traditional data and are finding ever more uses for financial data of all sorts, making keeping track of who is consuming what and how an increasingly complex task.
Inflation rates unseen in decades, spiraling energy costs, soaring interest rates and falling economic growth: uncertainty is everywhere this year and, especially for the unprepared, 2024 looks like being another challenge.
Domestic budgets are tight, as are those of financial firms large or small as some investors pull in their horns and try to figure how the current turmoil will play out. In this environment, everyone wants clarity and demands value for money.
Market data management systems are evolving to provide consumers with the insights they need to optimize their spending and make the most of their ever-more complex subscriptions, while those without a purpose-designed system face major financial risks in keeping their costs under control.
That was the key theme of Richard Mundell, Chief Product Officer of market-leading enterprise subscription management company TRG Screen, in a presentation to this year’s DKF conference.