Regulatory change is pushing the industry towards a central utility model for market and real-time data, according to Alan Dean, global head of cross asset FIX connectivity at HSBC Global Banking and Markets. Speaking at A-Team Group’s Business & Technology of Low-Latency Trading (BTLLT) event in London this week, Dean indicated that the onslaught of regulation is squeezing firms’ budgets and the logical extension of a cost saving approach would be to opt for a utility infrastructure via a consolidated European data centre.
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Regulation is Driving the Industry Towards a Utility Approach to Market Data Infrastructure, Says HSBC’s Dean
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