Achieving Market Data Integrity: A Critical Mission

Create a vendor selection project & run comparison reports
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.
25 September 2002

Abstract

Boston, MA, USA September 25, 2002

Celent Communications finds that while ensuring equity data integrity is a relatively expensive undertaking--costing over a million dollars for equity index data feeds overall--it is an extremely rewarding one, generating over five million dollars in annual revenues and loss reductions.

Given global trading volumes, complexities, and market vicissitudes, market data integrity is no longer merely nice to haveit is a "must-have." In a new report, entitled , Celent examines the rising status of equity market data integrity and its implications. The report summarizes interviews with market data experts, institutional traders, and leading money managers.

Errors and Omissions Occur Daily -- Equity Index Data Feeds

According to Alenka Grealish, senior analyst at Celent, "Despite technological advances, insufficient data-scrubbing by the sources, compounded by the continuing need to manually enter certain data (e.g., corporate actions), mean that errors and omissions continue to occur on a daily basis across both developed and emerging markets." Sang Lee, senior analyst and co-author adds, "As institutional traders quest to beat the market and ferret out market inefficiencies becomes more challenging, the role of equity data integrity in their trading strategies and model building has become paramount."

A is available online. On October 30, 2002, Celent Communications and Iverson Financial Systems will co-host a Webinar discussing the report's findings.

of Celent Communications' Institutional Securities & Investments research service can download the report electronically by clicking on the icon to the left.

Send mail to info@celent.com with questions or comments about this Web site.

Subscription required

Access to this content requires a Celent research subscription.

Subscribers should sign in to access this research.

Insight details

Content Type
Reports
Location
Asia-Pacific, EMEA, LATAM, North America