Hitting the Bull's-Eye On the Trading Floor

Kite, Shane
December 2004
Bank Technology News;Dec2004, Vol. 17 Issue 12, p37
Trade Publication
The article focuses on a software that allows bankers and brokerages to see what data they're actually using, helping them exercise better cost controls over a very expensive service. Third-party software that can analyze market data consumption on the trading floor is reaping huge benefits for banks and brokerages, which have begun renegotiating contracts with top data providers. This technology breakthrough is particularly exciting for brokerages since market data costs often represent their third-highest bill after salaries and real estate. Harco Technologies' Data Access and Reporting Tool was used to monitor Reuters' Triarch usage.


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