About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Exchanges Increase Market Data Revenue at Greater Rate than Traditional Vendors

Subscribe to our newsletter

The acquisition of Interactive Data (IDC) by Intercontinental Exchange (ICE) will make ICE the third largest market data vendor after Bloomberg and Thomson Reuters. It will also increase exchanges’ market data revenue, which in 2014 rose 12.05% to $3.26 billion. In the same period, traditional data vendors grew market data revenue by 4.07% to close on $27 billion.

Despite the 2014 gap in market data revenue between exchanges and traditional data vendors, Burton-Taylor International Consulting, a specialist in the financial market data space, expects further convergence of market data sales and distribution to increase competition between traditional vendors and exchanges.

The consultancy forecasts the future of the financial market data industry in a report entitled ‘Global Market Data Convergence – 2015’, which shows a five-year compound annual growth rate of 3.3% for traditional market data revenue and 6.3% for exchange market data revenue.

Breaking down 2014 market data revenue generated by traditional vendors, the reports shows that the Americas accounted for 46.2%, ahead of EMEA on 36.3% and Asia on 17.8%. Asia showed the greatest growth at 6.64% and EMEA the least at 1.74%. In terms of market segments, investment management and fixed income sales and trading delivered the strongest growth in 2014, driven by the need for pricing, reference and valuation data.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: The roles of cloud and managed services in optimising enterprise data management

Date: 14 May 2024 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Cloud and managed services go hand-in-hand when it comes to modern enterprise data management (EDM), but how can the best solutions for the business be selected and implemented to ensure optimal data management based on accurate, consistent, and high-quality...

BLOG

Moody’s and Google Cloud Partner to Build Large Language Models and Generative AI Apps

Moody’s Corporation and Google Cloud have made a strategic partnership to explore a combination of Moody’s expertise in financial analysis and Google Cloud’s generative AI (gen AI) technologies to help Moody’s customers and employees use large language models (LLMs) to gain financial insights and summarise financial data faster. This is Moody’s second key partnership on...

EVENT

TradingTech Briefing New York

Our TradingTech Briefing in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

The Data Management Implications of Solvency II

Bombarded by a barrage of incoming regulations, data managers in Europe are looking for the ‘golden copy’ of regulatory requirements: the compliance solution that will give them most bang for the buck in meeting the demands of the rest of the regulations they are faced with. Solvency II may come close as this ‘golden regulation’:...