[ T H O U G H T
L E A D E R S H I P
|
R E F I N I T I V ]
THE RISING
VALUE OF DATA
IN FINANCIAL
MARKETS
1%
14%
45%
40%
D
ata in financial markets
has never been more
valuable. Refinitiv’s series
of thought-leadership reports
predicting the trading desk of the
future continues by examining how
data aggregation, data analytics
and alternative data will shape
workflows for buy-side and capital
markets participants.
• A Future of Trading report by
Refinitiv and Greenwich Associates
explores the value of data in
financial markets, including how
traders expect to use that data.
• The largest data providers
will act as the market’s de facto
24 // TheTRADE // Spring 2020
aggregators, meaning that cloud
computing and easier access to
data will be critical capabilities.
• Alternative data will only be
useful if traders trust the source,
driving home the importance of
investment, accuracy and speed.
‘New oil’ or ‘new gold’ are
just some of the phrases used
to describe the value of data in
financial markets. And rightly
so. Data fuels every aspect of the
trading process.
From the very beginning, trading
has always been about information.
Whoever has the best and the
fastest information gains the edge.
Michael Chin, Managing Director and
Global Head of Trading Proposition at
Refinitiv
Today, traders are also challenged
with managing the sheer amount of
data in financial markets. The edge
that traders gain now is all about
who can consume and make sense
of the data the fastest by leveraging
technologies such as artificial
intelligence.