Dear Readers,
As both Financial and Energy markets face increasing complexity, 2025 is bringing new challenges and opportunities for trading firms. Global market data spend reached a record US$44.3 billion dollars in 2024, up 6.4% from the previous year. This reflects the increasing volume of data and the growing pressure to manage it effectively. Around 90% of financial institutions report increased complexity in licensing, driven by multi-asset usage and cross-border access, to name just a few factors.
At the same time, scalable cloud platforms, AI-driven analytics, and unified data strategies all offer new ways to manage complexity and turn governance into a strategic advantage. Success increasingly depends on the ability to adapt to the latest information, systems, and strategies in a rapidly evolving environment.
We are excited to publish this second edition of FORRSight Magazine. This issue focuses on the rising importance of market data in Financial and Energy markets. At DKF, Europe’s leading event for financial information services, industry leaders explore how data is driving transformation and innovation. Here are some key takeaways: the growing need for robust data, strong licensing, sound governance, and smart technology choices. In this issue, we share our perspective on the evolving landscape – from rising data volume and complexity to the critical role that data plays in decisionmaking. As firms strive to manage and analyze vast amounts of data, ensuring compliance plus selecting and implementing the right technologies become vital to staying competitive.
At FORRS, we support clients in building future-proof data strategies and platforms. Our Commercial Market Data Management Services enable clients to choose the right technology, reduce costs, streamline usage, and ensure compliance. With continued investment in our GRYT platform, we help organizations tackle modern data challenges.
Stay tuned for more in upcoming editions of FORRSight Magazine!