A new business model for data
publishers and consumers
From the earliest days of organized trading and
exchanges, timely access to high-quality data has
proven to be a key differentiator. This has proven true
across a variety of communication protocols — carrier
pigeon, semaphore, telegraph and User Datagram
Protocol (UDP) multicast.
Over the past decade, worldwide data growth has prompted financial
institutions to meet the “new data world,” in the cloud, where:
• Data can be reliably and securely accessed by anyone at
• The tools to manipulate and analyze data are readily
available on a metered basis.
• Massive computing resources can be provisioned on
• Storage capacity is abundant and demands less
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