New York, NY, USA
June 9, 2008

Investment Services Data Market Structure

Table of Contents

Return to report Abstract

Executive Summary 3
Introduction 5
  Investment Services Data 5
Methodology 6
End Users 8
  Use of Investment Services Data 8
  Sources of Content 9
  Purchasing Decisions 10
Primary Content Providers 13
  Nature of Content 13
  Market Behavior of Primary Content Providers 14
  Primary Content Providers Challenges 15
Distribution or Aggregators 17
  Types of Aggregators 17
  Aggregators' Practices and Relationships 18
  Market Behavior of Distributors 19
Redistributors - End Users 20
  Types of Redistributors 20
  Prime Brokers 20
  Custodians 23
  Correspondent Clearing Service Providers 24
Redistributors - Software Vendors 26
  Portfolio/Trade Order Management Systems 26
  Compliance/Risk Management Systems 26
  Portfolio/Investment Accounting Systems 27
  Market Behavior of Software Vendors 27
  Trends in Trading Systems 28
Market Structure and Dynamics 30
  Relationships Among Market Participants 30
  Conclusions Regarding the Data Marketplace 31
Recommendations for Primary Content Providers 33
  Business Models 34
  R&D Investment 34
  Sales 35
 

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