Platform Lock-In May Be Driving Up Data Costs

The FTF Exchange Podcast · Jan 25, 2023 · 15m

The cost of data is exploding for securities firms and that may be due to inflation and firms being locked into a data platform that sometimes comes from the same data provider, says Roy Kirby, head of core products at SIX, in the latest edition of the FTF Exchange podcast from FTF and FTF News. “I would say that now we’re back in an inflationary environment. I think that some larger companies are … locked into software platforms that are also provided by data providers. And some of those data providers are maybe taking advantage of the inflationary environment to pass on some very large…