Market Data in the Age of AI
Now in its third year, the Market Data Study seeks to better understand the trends and challenges of consuming market data. Coalition Greenwich, in collaboration with SIX, interviewed 50 buy-side firms globally to uncover the latest developments and innovations in market data consumption, distribution and technology adoption.
This research paper gives in-depth insights into the evolving market data landscape, examining the types and frequency of data usage, including the growing demand for real-time and historical tick data. With a particular focus on the transformative impact of emerging technologies, this report delves into the adoption and applications of artificial intelligence and machine learning (AI/ML), as well as the strategic role of cloud infrastructure and application programming interfaces (APIs) in shaping the future of market data delivery and consumption.
Key Findings
Growth
Real-time data usage is on the rise along with overall spending on market data
Data Delivery
Buy-side transformation through APIs and cloud maintains its positive trajectory
Technology
AI/ML will contribute the most to market data consumption in the next 2-3 years
Data Frequency
Increase in demand for historical tick data for areas such as market and trade surveillance