HotTopics: Landscape View Of The Financial Information Industry

Profound changes in the capital markets and the financial services industry are transforming the financial information industry. This HotTopics outlines the core issues affecting the financial information industry, provides our perspective on the top-line implications, and identifies essential actions for market participants. It identifies and segments the components of the industry, including organizations that create, aggregate, and distribute financial information, the organizations that consume that content, and the technology players active in the market. Major change drivers in the space include increased regulation of financial markets, competition among exchanges, the changing economics of the financial services industry, and the growth of standards such as FIX, SWIFT, and XBRL. The HotTopics examines how those drivers will play out in areas such as pricing and business models, new sourcing relationships and requirements, contractual relations in the industry, concerns about unauthorized redistribution, and the focus on straight-through processing (STP). For players in the financial information industry, the HotTopics concludes with a checklist of essential actions that will ensure success.