Is cloud ready for market data infrastructure? For the past 20 years, obtaining market data and building the infrastructure to handle it has been a very expensive cost of doing business for market participants, says Stephane Dubois, CEO, Xignite. As a result, market data is a prime target for potential cost reduction, he adds, and emerging fintech companies offer alternative business models and technologies that also could transform the market data landscape. Speaking with Terry Roche, principal and head of fintech research, TABB Group, Dubois discusses how making market data distribution part of the cloud can improve the technology services ecosystem while lowering costs and increasing flexibility and reliability.
For more on the market drivers and opportunities for cloud-delivered market data, join TABB’s Terry Roche and Xignite’s Stephan Dubois for our upcoming complimentary webinar, “Stairway to the Market Data Cloud.”
Source: TABB Forum