May12, 2013
The Financial Times
Bloomberg scrambles to reassure users
In Michael Bloomberg’s
autobiography, written before the
Bloomberg
founder became mayor of New York, he recalled
pitching the idea of adding news to his financial data terminals to
Matt Winkler, the man who ended up running Bloomberg News.
Mr Winkler replied by asking how Bloomberg would react if the
newswire found out that the chairman of its biggest client had run
off to Rio de Janeiro with $5m from the company coffers and and the
company called up to kill the story?
Full Story
April 10, 2013
Press Release
Burton-Taylor data indicates Social Media demand up over 40%; traditional Press Release Distribution up slightly, HootSuite & Radian6 main providers for Social Media Monitoring
Burton-Taylor International Consulting LLC, a recognized leader in information industry market research, strategy and business consulting, is pleased to announce the publication of their new report showing the 2012 global spend for public relations information (including regulatory disclosure) & software was up 4.41% versus 2011, to reach USD1.99 billion. The UBM PR Newswire unit and Cision were the overall market share leaders with 14.32% and 7.33% respectively, in what is generally a fragmented industry. Full Story
April 8, 2013
Inside Market Data - Special Report
Company News Market Flat, Vendors Eye Asia
Spend on corporate news
announcement services grew only 0.59 percent in 2012, to $667.1
million, though stronger growth demand for disclosure services among
companies based in Asia may present new opportunities for global
providers, according to a new report from
Burton-Taylor International Consulting LLC.
From 2008, global
PR newswire revenues fell by
8 percent to $563 million in 2009, then rose almost 11 percent to
$624 million in 2010, before tapering to a moderate 6.25 percent
growth in 2011, then flattening in 2012.
Full Story
March 30, 2013
The Wall Street Journal
Data Don't Add Up for Thomson Reuters
When Thomson Corp. and Reuters Group merged, employees from the two sides suffered a typical culture clash. Nearly five years later, it is investors in the combined company who may feel most out of place.
Shares of Thomson Reuters TRI -0.39% remain 13% below where they were when the deal closed in April 2008, partly reflecting difficulty integrating two large, international companies. Full Story
March 15, 2013
Finextra
Bloomberg leads the way as market data spending sees modest growth
Global spending on market data and analysis rose a modest 2.34% in 2012, with Bloomberg narrowly beating out rival Thomson Reuters to gain the biggest slice of the pie, according to a report from Burton-Taylor International Consulting LLC
Bloomberg grabbed 30.82% of the $25.53 billion spent on market data and analysis, while Thomson Reuters secured 29.48%. Meanwhile, Interactive Data held the market share lead in the fastest growing segment of pricing, reference and valuation data. Full Story
March 14, 2013
Press Release
Burton-Taylor data indicates Bloomberg retained overall global revenue lead; Commodities & Energy Data showed highest growth; Risk & Compliance users produced greatest 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 their new report indicating the 2012 global spend for market data and analysis was up 2.34% versus 2011, to reach US$25.53 billion. This is the first time market data/analysis spend has topped US$25b, although much of the 2012 growth may be attributed to vendor price increases. Full Story
March 1, 2013
Inside Market Data - Special Report
Reference Data, Valuations Drive Slim Growth
Vendor price increases accounted for much of a 2.34 percent increase in spend on market data products and services to $25.5 billion globally in 2012, with organic growth potentially slipping into negative figures, but buoyed by spend on pricing, reference data and valuation products, which bucked the overall trend with strong growth, according to new research from Burton-Taylor International Consulting LLC. Full Story
January 14, 2013
Inside Market Data
Data Industry Spend Slows in 2012 on Lower Asia Growth
Annual spend on market data products and services grew to more than $25.5 billion worldwide in 2012—an estimated increase of between 1.5 percent and 1.75 percent over 2011—with lower than usual growth in Asia contributing to the relatively slim increase in global data spend overall, according to new research from Burton-Taylor International Consulting LLC. Full Story
December 11, 2012
The Financial Times
Bloomberg to fall short of revenue targets
Bloomberg is falling short of the ambitious revenue growth targets it set in 2010, after a year in which bank job cuts and Europe’s rolling debt crisis slowed new subscriptions to its core financial data business.
Peter Grauer, chairman, and Dan Doctoroff, chief executive, told
staff of the private company last week that their goal of raising
revenues to $10bn between July 2013 and June 2014, which would have
triggered large bonus payments, no longer looked realistic.
Full Story
December 5, 2012
The Wall Street Journal
Thomson Reuters Tie-Up Pressures Canadian Scion
When Thomson Corp. negotiated its $17 billion deal for Reuters Group PLC, Thomson Chairman David Thomson stayed on the sidelines through 18 months of talks, speaking to Reuters top management only on the day plans for the deal were announced in 2007. Full Story
November 24, 2012
The Economist
The Future of Dow Jones - A Wall Street Brawl
A new boss is trying to revive one of the world’s best-known media brands
A PERSISTENT rumour about Lex Fenwick is that he set up a boxing ring in Bloomberg’s London office to energise the sales team. He didn’t. But in February, when Mr Fenwick, a former boss of Bloomberg, became the chief executive of Dow Jones, he began a heavyweight punch-up to revive one of the world’s biggest media brands. Full Story
November 9, 2012
Inside Market Data - SIIA/FISD Asia Pacific Financial Information Conference
Costs, Regulation, Diversification Dominate Asia’s ‘New Reality’
As regulations compel firms to capture and store increasing amounts of data for compliance purposes, cost efficiencies enacted during the financial crisis are remaining part of firms’ long-term practices, with end-user firms, exchanges and data vendors not anticipating a return to pre-crisis spending habits in the near term, according to panels at the Asia Pacific Financial Information Conference. Full Story
August 15, 2012
The Independent
As far as its customers are concerned, the value of the agency's services is diminishing
It is 161 years since Paul Julius Reuter, a German-born entrepreneur whose first venture in the news business was sending carrier pigeons across Europe, installed himself in the London Stock Exchange, called himself the Reuter's Telegram Company and started selling the latest market-moving information from around the world to the City's share traders. His company has never since questioned the value of being first with the news. Perhaps until now. Full Story
July 24, 2012
Reuters
RPT: INTERVIEW - Dow Jones to sell newswires through WSJ.com - CEO
When Lex Fenwick started his job as CEO of Dow Jones & Co more than five months ago, he found it strange that one of Wall Street's most historic and well-known brands did not have a direct pipeline into Wall Street itself.
The 130-year-old publisher of Dow Jones Newswires relies on third
parties, including rivals
Bloomberg
LP and
Thomson Reuters
Corp TRI.TO TRI.N, to deliver its content to banks,
brokers and funds; it does not have its own distribution channel.
Full Story
June 29, 2012
Eastbay - Lujiazui Forum
东方网记者项颖知6月29日报道：在今晚的2012陆家嘴论坛“浦江夜话七：金融资讯服务与资本市场发展”中，巴顿-泰勒国际咨询公司创始人和合伙人道格拉斯•泰勒指出，目前中国73%以上金融服务份额都在本地的公司，这一点并不符合国际趋势，他预计未来这一占比将会降低。 Full Story
June 26, 2012
Press Release
Risk management tools, pricing & reference datafeeds, low-latency feed products and valuation data forecast highest organic revenue growth, key Emerging Market countries expected to drive demand
Burton-Taylor International Consulting LLC, a leading information and news industry market research, strategy and business consulting organization, today released results from their survey of 84 market data vendor executives, users, analysts and consultants indicating that organic revenue growth in the industry will be challenging through 2013. Full Story
June 13, 2012
Inside Market Data
Burton-Taylor: Risk to Drive Slim Data Spend Growth
Data and tools to support risk management will comprise the areas of
highest growth in data spend over 2012 and 2013, with overall growth
expected to remain low for the data industry, according to the
results of a survey of market data demand conducted by
Burton-Taylor International Consulting LLC.
According to the results from survey respondents-comprising market
data vendors, users and consultants-data spend by financial firms is
projected to grow by only 0.46 percent in 2012 and 1 percent in
2013, over total market spend of $25 billion in 2011 (IMD, Feb. 6).
Full Story
May 31, 2012
Inside Market Data
Young Leaves NYSE Tech for Bloomberg
Young's sudden departure to become CEO of
Bloomberg's
EPS unit comes at a time of big changes at
NYSE
Technologies and Bloomberg's enterprise division.
Stanley Young has resigned as chief executive of NYSE
Technologies—the data and technology arm of exchange operator
NYSE Euronext—to join
Bloomberg’s enterprise products and solutions (EPS) division.
Full Story
May 30, 2012
Puls Biznesu
Bloomberg poluje na korporacyjne grube ryby
Gigant rynku informacji biznesowej działa wbrew koniunkturze. Dzięki temu szybko się rozwija, kosztem konkurencyjnego Thomson Reuters
W wielu ze 146 newsroomów Bloomberga gości wita ogromne akwarium. Rybki pływają też na stronie internetowej bloomberg. com. Michael Bloomberg, założyciel firmy, uważa, że najlepsze pomysły przyszły mu do głowy, gdy przyglądał się rybom pływającym w akwarium. To niejedyny niestandardowy pomysł burmistrza Nowego Jorku. Full Story
March 5, 2012
Canadian Business
Thomson Reuters' Eikon fails to unseat Bloomberg
On Sept. 14, 2010, at a glamorous bash held inside the Grand Central Terminal in New York, Thomson Reuters (TR) proclaimed the dawn of a new era. Under massive lit arches and amid a curated exhibit of Thomson and Reuters financial terminals from decades past, the company unveiled Eikon: a new system representing the culmination and fruition of the 2008 merger between Canada’s Thomson Corp. and British information giant Reuters. In the largest ad campaign in either company’s history, Eikon was touted as a revolution for the financial services industry. Full Story
March 2, 2012
Forbes
Despite Setback, Bloomberg Still on Track for Giant 2014
Tough times for the financial services industry translate into tough times for the news and data providers that supply traders and dealmakers with the information they need to do their jobs. Exactly how tough times continue to be over the next two years is a matter of particular importance to employees of Bloomberg, with gigantic bonuses for all hanging in the balance. Full Story
February 28, 2012
Law Technology News
Questions Raised Over 'Next' Name as Bloomberg Updates Financial Service
Bloomberg on Monday announced a makeover for its financial news terminal service, borrowing the name of a competitor's product in the process.
The company said Monday that the Bloomberg Professional Service,
which the company also referred to as Bloomberg NEXT in its
announcement, has a simpler search engine, a more consistent style
in its user interface, and a more logical workflow, as compared to
the previous version. A third of the service's 300,000
customers have already implemented it since last fall, officials
said.
Full Story
February 27, 2012
The Financial Times
Bloomberg to reveal data service redesign
Bloomberg
announced a $100m-plus redesign of its eponymous market data service
on Monday, heightening its rivalry with
Thomson Reuters
by seeking to make its complex 30-year-old system simpler, more
intuitive and easier to navigate.
The private company has converted 105,000 subscribers to the
Bloomberg Next design already and plans to upgrade all 313,000
subscribers by December, in an effort to demonstrate more value in
its $20,000-a-year service.
Full Story
February 27, 2012
Crain's New York Business
Bloomberg LP pushes NEXT platform
The data giant has launched an easier-to-use version of its
terminal. Its goal is to get all of its 313,000 terminals converted
to the new version by the end of the year.
Bloomberg LP has launched Bloomberg NEXT, an easier-to-use version of the market data, news and analytics service on its namesake terminals, the company announced at a press conference in Manhattan Monday morning. Full Story
February 23, 2012
Crain's New York Business
Bloomberg LP beats Thomson Reuters
Bloomberg's
market share in 2011 pulled just ahead of its rival, according to an
industry report. “Bloomberg, even in difficult economic times,
sticks to its knitting," said an analyst.
Bloomberg LP has a market share of 30.44% in 2011, compared to Thomson Reuters 30.05%. Full Story
February 22, 2012
Press Release
Burton-Taylor data indicates Bloomberg moves into overall global market share lead; non-trading Corporations showing strongest demand; Middle and back-office products fastest growing
Burton-Taylor International Consulting LLC, a recognized leader in information industry market research, strategy and business consulting, is pleased to announce the publication of their new report indicating the 2011 global spend for market data and analysis was up 6.07% versus 2010, to reach US$24.94 billion. Full Story
February 6, 2012
Inside Market Data
Burton-Taylor: 2011 Global Data Spend Tops $25 Billion
Industry spend on market
data rose 6.64 percent to almost $25.1 billion globally in 2011,
though price increases and the strengthening US dollar contributed
significantly to that growth, rather than genuine expansions of data
use, according to new research released this week by
Burton-Taylor
International Consulting.
Within these figures, growth in
Bloomberg’s
market share along with
Thomson Reuters’
declining market share over recent years means the two vendors now
command virtually equal shares of global data spend, says
Douglas B Taylor,
managing partner at Burton-Taylor.
Full Story
February 1, 2012
The Financial Times
Bloomberg aims to bypass Thomson Reuters
Bloomberg, the US financial data and information provider, is set to launch a new front in its war with Thomson Reuters by offering a free and open software interface that aims to bypass its rival’s lucrative code for identifying securities on terminals.
The group has developed a tool that allows financial institutions, rival data vendors and software developers to connect and adapt their increasingly complex trading and data connections through a single source at no cost. Full Story
February 1, 2012
Forbes
Market Data Sales Drop In Market Slowdown
The downturn in financial markets has hit the revenues of market data providers including Bloomberg, FactSet and Thomson Reuters. FactSet reported the number of users declined by 1,200 to 46,900 in the quarter ending November 1. The New York Times reported that Bloomberg lost 600 subscriptions — worth approximately $1 million a month — just when MF Global went bust. Thomson Reuters has been in turmoil with some of the top Reuters execs losing their jobs in 2011. Full Story
January 23, 2012
Chicago Business
Morningstar's investment in YCharts highlights battle in crowded financial data market
Morningstar Inc. CEO Joe Mansueto, whose company made its name providing mutual fund ratings to retail investors, has his eye on an even bigger prize: a chunk of the huge U.S. equity information market dominated by financial news and data behemoth Bloomberg L.P.
His company's recent investment in Chicago online investment tools
company
YCharts Inc. has industry
watchers betting that Mr. Mansueto is intensifying his efforts to
elbow in on the $23.6-billion financial data, software and news
industry, where New York-based Bloomberg and
Thomson Reuters
Corp. control 61% of the market, according to Osprey,
Fla.-based
Burton-Taylor International Consulting LLC.
Full Story
January 9, 2012
Inside Market Data - Special Report
12 for ’12: Key Themes for the Year Ahead
IMD: What economic trends do you expect to see in 2012 for the data industry, and how do you expect firms’ market data budgets to change? What will be key drivers of spend by end-users and data providers this year? Full Story
January 3, 2012
L'Echo
Thomson Reuters, la fusion ratéens
Thomson Reuters, la fusion rate Quatre ans après leur fusion, les deux acteurs de l’info financière n’ont pas su marier leurs différences. Bloomberg s’apprête à en cueillir les fruits
« Ledébut dela fin desturbulences ». C’est par cette expression que Jim Smith, le nouveau directeur général de Thomson Reuters, vient d’inaugurer sa prisede fonction. Le leader mondial de l’information financière, don’t l’actionnaire majoritaire est Woodbridge (55 %), a complètement bouleversé son top management. Full Story
December 13, 2011
The Wall Street Journal
For FactSet, the Numbers Are Aligned
Just the FactSet, ma'am.
This mightn't seem a great time to be in financial services. And yet FactSet Research Systems Inc. is thriving. The company is due out with fiscal first-quarter results on Tuesday that are expected to show earnings of 98 cents a share, according to analysts surveyed by, well, FactSet. Full Story
December 10, 2011
The Economist
The information company, in danger of losing its top spot, gets a new boss
IN SEVEN years as head of Reuters, Tom Glocer brought the British-based news agency from the verge of bankruptcy to a state of rude health. But he has done less well as chief executive of Thomson Reuters, the company created when Thomson, a Canadian purveyor of professional information for lawyers, accountants and others, bought Reuters in 2008. Full Story
December 7, 2011
The Guardian
Thomson Reuters merger hasn't lived up to expectations
Creation of financial information Goliath turned into sorry tale of upheaval, clashes and disappointments
Thomson Corporation's acquisition of Reuters in 2008 was billed as the deal that would blow rivals like Bloomberg out of the water. Instead, like so many mergers and acquisitions, the tie-up that created Thomson Reuters hasn't lived up to the expectations of either consumers or shareholders. Full Story
December 6, 2011
SunGard Press Release
SunGard Enhances MarketMap with Chinese Content and Risk Tool
SunGard has released a new version of its MarketMap market data solution that provides Chinese language content, a reputational risk tool and new list browsers to help support faster research by asset class. Full Story
December 2, 2011
The Wall Street Journal
Thomson Reuters Replaces Its CEO-UPDATE
Thomson Reuters Corp., which has been losing ground in its key business of financial data, is replacing Thomas Glocer as chief executive.
Thomson Reuters named-chief operating officer James Smith to succeed Mr. Glocer, only weeks after Mr. Smith became COO. Until late September Mr. Smith had been chief executive of the Professional division. Full Story
December 2, 2011
The Financial Times
Thomson Reuters to ‘confront reality’
Tom Glocer’s accelerated departure as chief executive of Thomson Reuters marks “the beginning of the end of a turbulent period of executive change” for the information group, Jim Smith, his successor, has told staff. Full Story
December 2, 2011
The Wall Street Journal
Thomson Reuters Replaces Its CEO
Thomson Reuters Corp., which has been losing ground in its key business of financial data, is replacing Thomas Glocer as chief executive.
Thomson Reuters named-chief operating officer James Smith to succeed Mr. Glocer, only weeks after Mr. Smith became COO. Until late September Mr. Smith had been chief executive of the Professional division. Full Story
December 1, 2011
The New York Times - Decoder
Glocer, Chief Executive of Thomson Reuters, Is Being Replaced
Thomson Reuters said Thursday that it was replacing its chief executive, Thomas H. Glocer, who had struggled to turn around the financial news and information service in an increasingly competitive market.
James C. Smith, Thomson Reuters’s chief operating officer, will replace Mr. Glocer beginning Jan. 1. Full Story
November 14, 2011
The Wall Street Journal
Financial-Data Suppliers Brace for Wall Street Cuts
Bloomberg LP's battle with Thomson Reuters Corp. is about to get
bloodier.
A new wave of retrenchment on Wall Street is clouding the prospects
for the two rivals, which dominate the market to supply traders,
portfolio managers and other financial professionals with data,
analytical tools and news. It is also testing the steps those
companies took to diversify in the aftermath of the 2008 financial
crisis.
Full Story
November 10, 2011
Press Release
Combined data from Burton-Taylor and Robert Agnew of Marlin & Associates estimates China financial information/analysis demand to have grown at 42.1% CAGR since 2003, domestic vendors increasing relative share
Burton-Taylor International Consulting LLC, a leading information and news industry market research, strategy and business consulting organization, today published a report estimating mainland China financial market data/analysis spend will reach USD745.4 million by the end of 2011. Full Story
November 5, 2011
Inside Market Data - Special Report
Domestic Players Drive China Data Growth
Financial services firms in China have doubled their market data spend over the past two years, driven by growth among domestic vendors and the continuing maturity of China’s financial industry, according to a new report from Burton-Taylor International Consulting LLC and Robert Agnew of Marlin & Associates.
October 17, 2011
Inside Market Data - Special Report
Cost, Compliance, Collaboration Drive WFIC Debate
Cost containment remains a top concern across the market data industry, leaving market participants grappling with the challenges of budgetary constraints in the face of changing regulation, new technologies and competitive pressures, according to panelists representing end-user firms, exchanges and vendors at industry association FISD’s World Financial Information Conference in San Francisco last week. Full Story
August 26, 2011
The Wall Street Journal
$990
Million Deal Furthers Publisher's Push Into Legal Research Business.
Bloomberg
LP agreed to acquire legal-research firm
BNA
in a deal valued at about $990 million, a bold move in the financial
information company's evolving efforts to diversify its business.
Full Story
August 25, 2011
Crain's New York Business
Bloomberg LP buys BNA for $990M
The business news company is acquiring the legal information provider to expand its legal research division and add deeper coverage of regulatory issues.
In a move to strengthen its legal research division and expand coverage of regulatory issues, Bloomberg LP will buy legal information provider Bureau of National Affairs, Inc., known as BNA, for $990 million. The two companies announced the deal on Thursday. Full Story
July 26, 2011
The Financial Times
Thomsons Grow Restless Over Reuters Venture
The family behind Thomson Reuters is pushing for faster results from the three-year-old merger of Thomson Corporation and Reuters, which initially exceeded promises of integration benefits, but has struggled to introduce a central new product in its markets division.
People close to the board say the Thomson family, which still controls about 55 per cent of the financial and professional information group through its holding company, Woodbridge, is growing impatient with the pace of change after a year in which shares have fallen by 10 per cent. Full Story
July 23, 2011
The Wall Street Journal
Thomson Reuters Loses More Executives
Thomson
Reuters Corp. shed more executives amid the continued fallout of a
shake-up at one of the financial-data company's key divisions.
The company said Friday that five executives are leaving, including
Chris Ahearn, the top business executive for its news operations.
Full Story
May 23, 2011
Inside Market Data - Special Report
Survey: Risk, Commodities, Emerging Markets to Drive Data Spend
Data to support risk management and commodities and energy trading will be the highest-growth areas of data spend during 2011 and 2012, with users in China, India and the rest of Asia - excluding Japan - leading demand, according to the results of a survey of market data demand conducted by Burton-Taylor International Consulting LLC. Full Story
March 13, 2011
Crain's New York Business
There's no stopping this jobs generator
NYC's fastest-growing employer is none other than Bloomberg LP, up 3,400 jobs since "08.
Though the subject may never come up in City Hall discussions about job cuts, Mayor Michael Bloomberg has created an employment program for New York that has worked like a charm. He just can't take credit for it while he's in office. Full Story
February 11, 2011
The Nation.
How Mayor Michael Bloomberg and Bloomberg LP helped fix the NBC-Comcast merger — winning terms that were especially favorable to the expansion of Bloomberg's media empire.
Last July, a group called the Coalition for Competition in Media wrote a letter to two key House subcommittee chairs on Capitol Hill, pleading for help in stopping the then-pending $30 billion megamerger of Comcast and NBC Universal. Full Story
January 24, 2011
Dow Jones Financial News Online
Managers see value of information
If a cynic is someone who knows the price of everything and the value of nothing, then it’s probably not a label that can fairly be attached to asset managers. They know the value of information and – increasingly – are willing to pay the price.
In the wake of the economic crisis, financial service firms had cut their consumption of market data and analysis, but a recent study conducted by information consultancy firm Burton-Taylor International Consulting LLC showed the trend has since reversed. Full Story
January 18, 2011
The Wall Street Journal
Dow Jones to launch forex info service
Dow Jones is close to launching a foreign exchange information service which will represent the latest attempt since News Corp’s 2007 takeover to rethink the company’s business-to-business side and make it work more closely with the group’s consumer-focused flagship, the Wall Street Journal.
The news wire owner, which will launch DJ FX Trader at the end of January, hopes to capitalise on rising foreign exchange trading volumes with “a high premium product” for which it will charge traders “six figures” for each licence. Full Story
January 19, 2011
Associated Press
Dow Jones to launch currency news service
News Corp. subsidiary Dow Jones & Co., which publishes The Wall Street Journal, Dow Jones Newswires and MarketWatch, said Tuesday it will launch a new real-time information service targeted toward foreign exchange traders in the coming months.
DJ FX Trader will provide news, data and analysis to better direct users’ market and currency trading strategies. Full Story
January 18, 2011
The Financial
Times
DJ FX Trader, combining news from Dow Jones Newswires and The Wall Street Journal with technology from the company's Financial Markets business, will offer "exclusive news, analysis and real-time opportunities to help customers better direct their market and currency trading strategies," Dow Jones said in a news release. Full Story
January 11, 2011
Inside Market Data - Special Report
Burton-Taylor: Annual Data Growth to Beat Expectations
Spend on market data products and services is set to rebound for 2010 overall, signaling the start of strategic spending on new initiatives, which had previously been curbed by the economic downturn, according to research from Burton-Taylor International Consulting LLC. Full Story
January 10, 2011
Press Release
Burton-Taylor data indicates FactSet & Thomson Reuters held market share lead with Research Analysts; Investment Bankers & Portfolio Managers were biggest spenders; Portfolio Analytics products were fastest growing in 2010
Burton-Taylor International Consulting LLC, a recognized leader in information industry market research, strategy and business consulting, on January 11, 2011 will release a report indicating the 2010 global spend for market data and analysis was up 4.23% versus 2009, to reach US$23.73 billion. Full Story
December 15, 2010
Press Release
Burton-Taylor data indicates Commodities & Energy and Investment Banking segments show highest growth rates, with market share gains for Bloomberg, IDC, IRESS, Morningstar, others
Burton-Taylor International Consulting LLC, a recognized leader in information industry market research, strategy and business consulting, today released data projecting the 2010 global spend for market data and analysis as up 4.23% versus 2009. Burton-Taylor data shows the industry exited 2009 at US$22.72 billion and is projected to exit 2010 at US$23.73 billion. Full Story
December 13, 2010
Inside Market Data - Special Report
Burton-Taylor: Annual Data Growth to Beat Expectations
Spend on market data products and services is set to rebound for 2010 overall, signaling the start of strategic spending on new initiatives, which had previously been curbed by the economic downturn, according to research from Burton-Taylor International Consulting LLC. Full Story
September 24, 2010
Inside Market Data - Special Report
Opening Cross: The Facts of Life: Consolidation and Contractions
There comes that awkward moment in everyone's life when an inquisitive young mind asks "Where do data vendors come from?" And, the answer is often "From other data vendors who love each other very much and did a merger," - like when you had to tell the same inquisitive mind that Dow Jones and Telerate "don't love each other anymore," or that Bridge "got sent to a nice farm upstate." Full Story
September 13, 2010
Reuters
Thomson Reuters to launch next generation desktop
Thomson Reuters Corp will roll out on Tuesday its next-generation desktop product for financial professionals, incorporating Twitter-like social media features that it hopes will help it win customers from Bloomberg LP
Thomson Reuters Eikon will knit together dozens of disparate
products that provide data, news, analytics and trading tools, as
well as social media applications familiar to users of Twitter,
instant messaging and Facebook.
Full Story
August 10, 2010
St. Petersburg Times - Russia
Bloomberg БРАКИ СБОРЫ ПО НАЛОГУ НА ПРИБЫЛЬ
МОСКВА: Власти Москвы налог агентством Bloomberg News, 120 млн. рублей ($ 4 млн.) налога на прибыль в 2006 году до 2007 года, но компания отказалась платить, заявив, что не имеет регулярного представительство в стране. Full Story
May 10, 2010
Inside Market Data - Special Report
Survey: Valuation, Risk, Regulation to Drive Data Spend
Risk management and emerging markets will account for the highest growth in market data spend over this year and next, with valuation tools accounting for the highest single area of expenditure, according to the results of a survey of market data demand conducted by Burton-Taylor International Consulting LLC. Full Story
May 5, 2010
Mit seinen Datenterminals hat sich Bloomberg in der Finanzbranche unentbehrlich gemacht. Damit das so bleibt, dringt der Dienstleister immer tiefer in die Medienbranche vor - und zeigt den Rivalen, wie man Informationen profitabel vermarkten kann.
Wer dieser Tage am Kiosk nach der neuesten Ausgabe der "Businessweek" greift, stutzt zunächst. Das Format des US-Wirtschaftsmagazins ist das gleiche wie früher, ansonsten sieht das Heft völlig anders aus. Im Innern mehr Seiten, kleinere Schriften und neue Rubriken. Auf dem Titel viel Weiß, eine veränderte Seitengeometrie - und groß der neue Name: "Bloomberg Businessweek". Full Story
April 19, 2010
Dow Jones Financial News Online
Bloomberg Goes Head to Head with Reuters in Global Debt Markets
Bloomberg and Thomson Reuters, two of the largest news organisations, differ significantly in their coverage of global debt markets, with Bloomberg offering a more focused service, according to a recent study.
Research published last week, by US-based advisory firm Burton-Taylor International Consulting, found that Bloomberg offered “a generally more tightly focused volume of fixed-income content across a wider number of fixed-income instruments”. Full Story
April 12, 2010
Inside Market Data - Special Report
Report Compares Bloomberg, Thomson Reuters FI News
A comparative analysis of fixed income news coverage from Bloomberg and Thomson Reuters conducted by Burton-Taylor International Consulting LLC reveals that while the two vendors deliver roughly the same number of fixed income news items per day, they differ in focus by region and asset class coverage. Full Story
April 12, 2010
Press Release
Burton-Taylor Report Declares “Winner” Between Bloomberg and Reuters Fixed Income News Services
Burton-Taylor study reveals significant differences in regional output, focus and fixed income instrument coverage between the financial news giants
Burton-Taylor International Consulting LLC, a leading market research, strategy and business consulting organization, today announced the publication of the first ever detailed comparison and analysis of English language fixed income news from Bloomberg and Reuters. Full Story
February 25, 2010
Les Echos
Le secteur de l'information financière en pleine mutation
Le marché de l'information financière est animé par de nombreux mouvements et rumeurs de concentration. Les revenus globaux devraient légèrement reculer cette année.
Le secteur de l'information financière fait l'objet de mouvements quasi permanents. Au-delà de la gigantesque fusion réalisée en 2008 entre le canadien Thomson et le britannique Reuters, cette industrie est agitée de rumeurs et d'opérations de plus petite taille. Full Story
February 2, 2010
Gulf Coast Business Review
Osprey-based Burton-Taylor International Consulting sees a lot of room for financial-data firms to make money in China, and it plans to be among them.
The Gulf Coast business-consulting firm recently published a full data analysis of the mainland’s market and market share, which showed that Chinese portfolio managers and researchers spend far less than the global average but that spending has been growing at nearly 30% annually the past six years. Full Story
January 29, 2010
Dow Jones Financial News Online
Chinese asset managers have increased their data spend by 30% over the past six years, making an outlay of $340 million (€243 million) last year, indicative of the continuing growth in the country's financial sector.
The increased demand for market information by mainland China's investment community has been met, to a large extent, by local firms, according to a report released yesterday by research firm Burton-Taylor International Consulting. Full Story
January 27, 2010
Press Release
Burton-Taylor data shows China financial information/analysis
demand has grown at 29.5% CAGR since 2003, international content
needs are expanding while overall satisfaction levels are dropping
Burton-Taylor International Consulting LLC, a leading information and news industry market research, strategy and business consulting organization, today published a report showing mainland China financial market data/analysis spend to have topped USD340 million, exit 2009. What has historically been an opaque market, has now been revealed to have averaged 29.5% annual growth over the last six years. Full Story
January 25, 2010
Inside Market Data - Special Report
China Data Needs Grow as Market Matures
The financial industry will spend $22.7 billion worldwide on market data and related services this year, a decline of 1.5 percent from $23 billion in 2008, primarily as a result of budget and staff cuts at end-user firms that have led to reductions in data terminals, according to research released this week by Burton-Taylor International Consulting LLC. Full Story
December 8, 2009
The Economic Times - India
Thomson Reuters to Strengthen Presence in Asia
MUMBAI: Thomson Reuters, the world’s largest financial data and news provider, is moving more jobs to India and other Asian nations as the developed nations are still emerging from the worst recession after the credit crisis, said a senior company executive. “We are moving more international jobs to the region,” Thomas Glocer, CEO of Thomson Reuters said in an interview. Full Story
December 3, 2009
Wall Street & Technology
Market Data Spending Dipped Slightly in 2009
Burton-Taylor projects modest 1.46% drop in market data spending; Bloomberg and Thomson Reuters share 61% of the market, but FactSet has had the fastest growth in market share.
As the year draws to a close, Burton-Taylor International Consulting projects the 2009 global spend for financial market data and analysis will be down 1.46% versus 2008. The Burton-Taylor analysis estimates the industry will exit 2009 at $22.68 billion after closing 2008 at $23.01 billion. Full Story
December 2, 2009
Press Release
Burton-Taylor data indicates Investment Management, Commodities & Energy and Investment Banking segment growth, with market share gains for Bloomberg, FactSet, others
Burton-Taylor International Consulting LLC, a leading market research, strategy and business consulting organization, today published a report projecting the 2009 global spend for financial market data and analysis as down 1.46% versus 2008. The Burton-Taylor analysis estimates the industry will exit 2009 at US$22.68 billion after closing 2008 at US$23.01 billion. Full Story
November 30, 2009
Inside Market Data - Special Report
Report: Bloomberg Gains as Spend Falls
The financial industry will spend $22.7 billion worldwide on market data and related services this year, a decline of 1.5 percent from $23 billion in 2008, primarily as a result of budget and staff cuts at end-user firms that have led to reductions in data terminals, according to research released this week by Burton-Taylor International Consulting LLC. Full Story
November 14, 2009
Twin Cities Business
The Eagan business that was once West Publishing now supplies its parent company with the intellectual firepower to outmaneuver Bloomberg and LexisNexis.
There may be no more concise way to sum up the changed nature or ambitions of the former West Publishing Company than what Roger Martin says: “We are sort of the next generation of Google—without the garbage—for professionals.” Full Story
October 4, 2009
Crain's New York Business
Bloomberg Aims to Lasso BizWeek
Mayor Michael Bloomberg is a name familiar to millions of consumers. Bloomberg LP, the financial news and information company he founded nearly 30 years ago, is not.
That may be about to change. Full Story
August 30, 2009
The Sunday Times - London
Thomson Reuters Explodes into Web Age
When the banking crisis tore through Wall Street and the City of London there wasn’t much Devin Wenig could do, apart from sit and watch the trading screens in his office turn red.
As for any supplier to investment banks, a string of collapses including Bear Stearns was not good news for Thomson Reuters, even though the financial news and data provider claims to thrive on volatility. Full Story
June 29, 2009
Inside Market Data
Survey: Piracy Costs Data Industry $8b
The financial information and analysis industry is losing an estimated $8 billion of subscription revenue each year as a result of subscribers sharing login information and content "scraping," according to a survey conducted by Burton-Taylor International Consulting LLC. Full Story
May 19, 2009
Press Release
AdmitOne‘s Cross-industry Piracy Metrics and Remediation Techniques to Help Financial Industry Leaders Prevent Fraud and Capture Lost Revenue.
AdmitOne Security, the leading innovator of identity assurance and analytics solutions, today announced its participation in the Anti-Piracy Working Group of the Financial Information Services Division (FISD) of the Software & Information Industry Association (SIIA).” Full Story
May 10, 2009
New York Post
Wall Street 2.0 Tests Bloomberg
Bloomberg LP, which for two decades combined a booming Wall Street economy, weak competition and a quality product to create an ever-growing, money-making machine, is experiencing one of its toughest stretches ever. Full Story
April 30, 2009
Press Release
Burton-Taylor Publishes First Ever Analysis of Bloomberg News v Reuters News
B-T study reveals significant differences in output, focus and approach between the financial news giants
Burton-Taylor International Consulting LLC, a leading market research, strategy and business consulting organization, today announced the publication of the first ever detailed comparison and analysis of English language international financial news from Bloomberg and Reuters. Full Story
April 27, 2009
Inside Market Data
Research Compares Bloomberg, Thomson Reuters News
A comparative study of news services from Bloomberg and Thomson Reuters shows that Bloomberg generally produces a higher volume of news items, while Thomson Reuters generally focuses more on analysis, according to research released this week by Burton-Taylor International Consulting LLC. Full Story
February 24, 2009
AFP - Agence France-Presse
Thomson Reuters compte croître encore en 2009
Le groupe anglo-canadien d'information financière et professionnelle Thomson Reuters a dit mardi tabler sur une nouvelle croissance de son chiffre d'affaires en 2009, après avoir vu son activité et ses bénéfices augmenter en 2008 malgré la crise. Full Story
February 23, 2009
Dow Jones Financial News Online
Data vendors risk losing momentum
Thomson Reuters and Bloomberg face slowdown in growth
On the face of it, this year may look like a grim one for the firms that supply the world’s banks with financial data but the outlook may not be as bad as it seems, at least for those companies that have diversified their businesses. Full Story
February 19, 2009
Dow Jones Newswires
Interactive Data Corp.'s (IDC) fourth-quarter net income grew 26% on sales gains bolstered by acquisitions, as the company projected strong 2009 growth.
Global spending by the securities industry on data, largely through leasing desktop terminals, is forecast to shrink by about 3% according to a report published this week by data specialist Burton-Taylor International Consulting LLC. Full Story
February 17, 2009
Press Release
B-T quantifies financial information and analysis spend at US$23 billion in 2008; Asia and Europe showed growth while the US contracted. Thomson Reuters and Bloomberg hold 58% market share, but FactSet, Interactive Data Corp and SIX Telekurs show strongest growth
Burton-Taylor International Consulting LLC, a leading financial news and market data research, strategy and business consulting organization, today released data showing the market shares of industry leaders Thomson Reuters (TRI) and Bloomberg to have increased slightly in 2008 to 34% and 24% respectively. Full Story
February 16, 2009
The Wall Street Journal
Financial News: Financial-data providers face a 2009 revenue dip
Providers of financial information are facing a significant drop in revenue as the financial crisis punishes their clients.
Global spending by the securities industry on data, largely through leasing desktop terminals, is forecast to shrink by about 3%, or $700 million this year, according to a report to be published this week by data specialists Burton-Taylor International Consulting. Full Story
February 16, 2009
Dow Jones Financial News Online
Credit crisis takes $500m bite out of Bloomberg and Reuters
The world’s largest financial information providers, Bloomberg, founded by New York Mayor Michael Bloomberg and Thomson Reuters, could take a hit of more than $500m (€388m) on their revenues this year as the financial crisis punishes their clients. Full Story
February 16, 2009
Inside Market Data - Special Report
Data Industry Seeks Third Player for New ‘Big Three’
FactSet Research Systems, Interactive Data Corporation and SIX Telekurs saw the fastest growth among major data providers in 2008 as the market seeks a third competitor to break up the duopoly of Thomson Reuters and Bloomberg, which both saw slight growth in market share, according to new research from Burton-Taylor International Consulting LLC. Full Story
February 15, 2009
The Wall Street Journal
Financial News: Bloomberg, Reuters hit by credit crisis
The world’s largest financial information providers, Bloomberg founded by New York Mayor Michael Bloomberg and Thomson Reuters, could take a hit of more than $500m (€388m) on their revenues this year as the financial crisis punishes their clients. Full Story
December 8, 2008
Inside Market Data
'08 Data Spend Flat, Driven by Asia, EMEA
Firms worldwide will spend $23 billion on financial data in 2008-the same as in 2007-with a drop in outlay in the Americas but an increase in EMEA and Asia, according to research released by Burton-Taylor International Consulting LLC. Full Story
December 4, 2008
Dow Jones Financial News Online
Data giants face shrinking bank revenues
The financial data business faces an unfavorable outlook in the next two years following a stagnation in growth this year, leaving the door open to new companies to challenge the duopoly of Thomson Reuters and Bloomberg, according to new research. Full Story
November 3, 2008
Press Release
B-T measures contraction of Investment Banking needs, expansion of FX and Corporate needs, as well as market share changes of key global competitor
Burton-Taylor International Consulting LLC, a leading market research, strategy and business consulting organization, today released data projecting the 2008 global spend for financial information and analysis as flat versus 2007. Full Story
September 16, 2008
Press Release
Burton-Taylor International Consulting LLC Expands Corporate Headquarters
Growing client list, which includes PricewaterhouseCoopers, Dow Jones, Morgan Stanley, Goldman Sachs and FT Ventures, spurs quadrupling of space
Burton-Taylor International Consulting LLC, a leading market research, strategy and business consulting organization, today announced the move of its headquarters to significantly larger offices in Osprey, Florida. Full Story
June 23, 2008
The New York Times
The New Fight for Financial News
For years, The Thomson Corporation was the information giant that rarely talked about its own business. But since its acquisition of Reuters, which closed this year, that reticence has softened. Thomas H. Glocer, the head of the combined company, is very candid about where he is aiming next. Full Story
February 29, 2008
Gerson Lehrman Group Councils - Analysis View
New Thomson-Reuters Combination Will Command 32% Share of US$23 Billion Market
Implications
The Thomson-Reuters merger approval reduces “the Big 3” financial information players to “the Big 2”. Not only does it dramatically change the market share of the dominant players but it also limits competition and vendor choice for the users of information…at least until a new vendor steps-up to create “the new Big 3". Full Story
February 11, 2008
Inside Market Data - Special Report
Fixed Income, FX Drive 2007 Data Spend
Global spend on financial data could reach $24.3 billion in 2008, driven by demand from sales and trading operations, up from $23 billion last year, according to research released last week from Burton-Taylor International Consulting LLC. Full Story
February 5, 2008
Press Release
Burton-Taylor Data Shows Financial Information and Analysis Spend Topped US$23 Billion in 2007
Burton-Taylor quantifies financial information/analysis spend across key industry segments, as well as market share of key competitors around the world
Burton-Taylor International Consulting LLC, a leading market research, strategy and business consulting organization, today released data showing the global spend for financial information and analysis topped US$23 billion in 2007, with roughly half coming from the Americas and almost 30% occurring in the Fixed Income/Foreign Exchange (FX) Sales & Trading segment. Full Story
Latest Burton-Taylor News
May 12, 2013
The Financial Times
Bloomberg scrambles to reassure users
In Michael Bloomberg’s autobiography,
written before the Bloomberg founder became mayor of New York, he
recalled pitching the idea of adding news to his financial data
terminals to Matt Winkler, the man who ended up running Bloomberg News.
Mr Winkler replied by asking how Bloomberg would react if the newswire
found out that the chairman of its biggest client had run off to Rio de
Janeiro with $5m from the company coffers and and the company called up
to kill the story?.
Full Story
This story, as well as all Burton-Taylor news may be accessed through the Press Room link below.
Latest
Burton-Taylor Research
April 10, 2013
Public Relations Information & Software Global
Share & Segment Sizing 2013
Burton-Taylor delivers a comprehensive, 88 page analysis of public relations information & software supplier share, demand segmentation, vendor demographics and survey results of key user expectations. The analysis is sufficiently detailed as to allow public relations information & software providers or industry analysts to clearly understand competitive positioning currently, historically, globally, regionally and within individual demand segments and to enable public relations information & software users to make better informed, more confident and more appropriate purchase decisions which could result in greater profitability.
This report, as well as all Burton-Taylor free or for purchase research, may be requested through the All Research link below.
