There has never been a greater demand for market data or so many ways to receive and manage it, whether via desktop computer or handheld device. As the bedrock of most financial systems, and for the cost-effective management of regulation and risk, the new generation of market data needs to be more accurate, accessible and affordable than ever.
Since the global financial crisis, increased regulation, such as the Dodd-Frank Act, and a greater understanding of systemic risk have combined to create a stronger demand for high-quality market data. For accurate risk modelling, this data must not only be verified and accurate but also go back further in time and be stored and accessible for longer periods.
Post-crisis cost pressures have driven many organizations to find a single source for their market data rather than managing feeds from multiple providers. In order to reduce costs, they also need the flexibility to scale their systems up and down with ease and load or change data streams as and when required.
Additionally, in today’s more mobile and faster-moving technology environment, market data customers are looking for low bandwidth solutions that quickly load on both desktop and mobile devices while placing minimal demands on infrastructure. Externally hosted software, combined with secure, reliable and user-friendly interfaces, give customers the agility they need to respond more quickly to new opportunities.
Firms also want more control over how they view or consume data, whether by configuring their own user interfaces, integrating their own applications, adding and removing components, or using economic intelligence tools to provide dynamic, interactive reports.
SunGard’s market data solutions
SunGard provides a range of advanced market data solutions, available as a software solution or on a software as a service basis, in which all software is hosted centrally by SunGard.