As data is expanding all around us, both buy-side and sell-side professionals are exploring better ways to consume data, analyze information and benefit from its abundance. This new report is focused on understanding different types of market data and their usage by market participants.
The key themes explored include considerations influencing technology and market data vendor choice, market data spending trends and future expectations of data technology adoption and use.
Highlights:
- Performance and quality of data drives spend decisions to cover data gaps
- Over the next three to five years, buy-side and sell-side participants will future-proof their market data strategies by turning to the cloud and APIs for data delivery
- Eighty percent of buy-side participants believe data budgets will rise over the next 12 months
- The cost of technology and data storage is perceived as quite high by the buy side, pressing the desire for more competition among market data vendors
Download the paper to learn more.
