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.
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.
TRG Screen wins 'Best Market Data Inventory Platform' at the TradingTech Insight Europe Awards and 'Most innovative digital rights management/licensing compliance/usage tracking' at the TradingTech Innovation Awards 2023.
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.
The financial services industry is known for its complexity in terms of the multitude and proliferation of market participants, vendors, products, user requirements, agreements and pricing structures.
Alongside this, the global financial sector generates an enormous amount of data (measured today in petabytes i.e., 1,000s of terabytes), creating data capture and management challenges for all participants in the financial trading supply chain - sell and buy sides, data generators and consumers.