Demand for Financial Market Data & News Up 4.07% in 2014, Highest Since 2011 – Burton-Taylor Report

Osprey, FL - 24 March 2015

  • Bloomberg increases market share lead;
  • Moody’s Analytics is fastest growing;
  • Risk & Compliance users show highest five-year growth rate;
  • Pricing, Reference & Valuation products continue to lead demand 

Burton-Taylor International Consulting LLC, a recognized leader in information industry market research, strategy and business consulting, is pleased to announce the publication of its new report indicating the 2014 global spend for financial market data/analysis or news was up 4.07% in 2014, to reach US$26.49 billion. The 2014 growth was the strongest since 2011, in spite of the strengthening US Dollar, which could have cost the industry as much as 1.50%. At 31.99% and 25.88% respectively, Bloomberg and Thomson Reuters remained the market share leaders, but the gap widened slightly between the two. FactSet moved into the industry’s third position, with USD945.5m revenue. Moody’s Analytics was by far the strongest performer, delivering 17.02% growth in 2014. At just over 6.75%, Risk & Compliance users and Investment Bankers/Corporate Financiers have been the fastest growing customer groups the past five years. Pricing, Reference & Valuation products have shown the greatest increase in demand, with an average of 8.88% per year over the same period.

The 132 page Burton-Taylor Financial Market Data/Analysis Global Share & Segment Sizing 2015 - Key Competitors 2010-14, Global Market Share 2010-14, Global Segment Sizing 2010-14, Global Product Mix 2010-14, Global User Mix 2010-14, Global Institution Mix 2010-14 report shows that Platts (15.70%), Moody’s Analytics (11.61%), Markit (9.48%), S&P Capital IQ (9.13%) and Morningstar (8.93%) delivered the highest five-year compound annual growth rates (CAGR) among market data/analysis or news vendors with at least USD200 million in global revenue. The report also indicates that the demand increased in all three major regions, the Americas, Europe, Middle East & Africa (EMEA) and Asia.

“This was a positive sign that the industry is stabilizing and that vendors are adjusting to the new user needs and budgets,” says Douglas B. Taylor, Founder & Managing Partner of Burton-Taylor. “In the past two years, it is clear that overall industry revenue had been supported by price increases, but 2014 showed that demand has returned. Our new ‘Growth Trend’ charts make it incredibly easy to see where momentum has built within industry product or user groups.”

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