Innovating Together: Reflections on TRG Screen’s December User Group
By Suzanne Ward, Chief Product Officer, TRG Screen
By Suzanne Ward, Chief Product Officer, TRG Screen
Helping financial institutions take control of their market data inventory and navigate rising costs is central to our mission. That’s why we’re so honoured to announce that Optimize Spend has been shortlisted for the Best Market Data Inventory Platform in the TradingTech Insight Awards – Europe 2025.
WASHINGTON, D.C. (May 21, 2024) – TRG Screen’s Optimize Spend was named the Best Financial & Market Data Solution of 2024 for the second year in a row as part of the annual SIIA CODiE Awards. The prestigious CODiE Awards recognize the companies producing the most innovative Business Technology products across the country and around the world.
Global spending on financial market data and news has continued its decade long growth-streak with revenues jumping 6.4% to a record $44.3 billion in 2024 and with Burton-Taylor International Consulting 2025 figures imminent, similar increases in spending are expected.
Although real-time trading and data spending accounted for the largest share of total revenues, strong demand for pricing, referencing and valuation data also drove spending.
Optimize Spend 2.0 offers extensive abilities to empower accurate inventory management for current and future periods, but crucially now also for historical periods.
Navigating this landscape can perilous for some financial services firms – not only due to the increasing complexity and value but also the potential for errors – and many find themselves confronted with a pressing question: How can we effectively optimize our market data costs and consumption?