Market data inventory platforms have been helping financial institutions to track, manage and control their market data and related expenses for decades. But with the advance of technology and significant investment in the industry, is now the time to consider the strengths of your current platform, or in some cases, the possibility of migrating to a modern platform?
A-Team Group interviewed 15 senior market data managers during the second quarter of 2016 across the UK (67%) and US (33%) at sell side (60%), buy side (33%) and custodian (7%) firms about their views towards market data inventory platforms.
The findings deliver a valuable checklist of benefits, functions and vendor capabilities to evaluate when considering a supplier of market data inventory platforms. They also provide insight into the strengths and weaknesses of their current platforms, the view of market data managers towards migrating to alternative platforms and their appetite for using them for tracking an expanded range of services across the financial enterprise.
All the findings are then summarized into a handy 8-Step guide to choosing the right market data inventory platform provider for you.