Market data becomes more complex by the year, driving record levels of expenditure and pressuring busy commercial teams to control costs while lending their subject matter expertise to support business growth.
Global spending on market data has hit new records every year for a decade but are financial firms and other users of this vital information reaping the full value of their subscriptions?
WASHINGTON, D.C. (June 21 & 22, 2023) – TRG Screen’s Optimize Spend was named the Best Financial & Market Data Solution of 2023 as part of the annual SIIA CODiE Awards. The prestigious CODiE Awards recognize the companies producing the most innovative Business and Education Technology products across the country and around the world.
The volume and value of market data grows by the year, outstripping the ability to keep up with the rapid pace of commercial change – particularly for firms lacking specialist expertise and technology.
Another year and another record global spend on the market data and information that enables financial market trading and global investment.
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.
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