Financial institutions have spent decades refining how they evaluate market data providers. Accuracy, reliability, latency, coverage, price. Those criteria are well understood, straightforward, and defensible in front of a decision-making committee. They’re also increasingly insufficient. The challenge is that they answer a narrowing share of the questions institutions face today. The next generation of financial… Read More >>
SIFMA Wants SEC to Drop PDA Ban & Other News
SIFMA: SEC Rule Puts Too Many Limits on Firms Securities industry trade association SIFMA and its Asset Management Group (AMG) are strongly urging the SEC to abandon proposed rules that would end or nullify the use of predictive data analytics (PDA) and PDA-like technologies by broker-dealers and registered investment advisors (RIAs). In August, the SEC… Read More >>
Survey: Global Market Data Spending Topped $28B in 2017
Data is often mentioned as being critical to regulatory compliance and other operations, just as securities firms are doing their best to keep data costs down. However, it appears that in 2017 firms spent as much or more on financial and reference data, analysis and news, according to new research from Burton-Taylor International Consulting, a… Read More >>
