The Market Data Hypermarket
July 18, 2023
WhitepaperWritten by Benjamin Baxter, Jordan Galhardo-Burnett
Due to advancements in digital processes within financial institutions, there has been a significant expansion and diversification of data. As a result, there is now a broader range and greater volume of content available. Nevertheless, numerous firms encounter the difficulty of how to find the right content that offers exceptional service and quality while being cost-effective. In response to this, the concept of market data catalogues has been proposed.
The creation of market data catalogues would mean that there are crucial tools that enable firms to make well-informed decisions, gain a competitive edge, manage risks, and optimize resource allocation. By leveraging these catalogues effectively, firms can stay ahead in the market and achieve their business goals more effectively.
The challenge lies in understanding the current data situation and devising a solution. Unlocking this capability, means fostering greater collaboration across the industry, not only between vendors and consumers, but technology and platform providers, consultants and firms specialising in market data management intelligence.
Today, Expand Research presents its latest insights whitepaper titled “The Market Data Hypermarket”. This publication delves into the challenges and opportunities associated with market data catalogues in the drive to push the industry towards its next level of advancement.