TowerGroup, Datamonitor Reports Point to Explosion In Market Data Rates and IT Spend
At 01 Aug 2007 09:50:19 in MDI-Industry Initiatives, Market Data Insight
There’s nothing quite like a couple of reports on expanding market data volumes and technology infrastructure expenditures for summer beach reading. Both TowerGroup and Datamonitor braved the summer lull to issue research around market data. The TowerGroup report’s topline news was that it foresaw a 900% increase in the amount of market data being published by 2012. Datamonitor, meanwhile, focused on the increase in front office IT spending over the next 18 months caused mostly by an anticipated increase in market data volumes.
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