Updata Narrows Focus on Analytics in 2016 as Data Terminal Biz Becomes ‘Saturated'
The vendor will focus its efforts on providing a value-add analytics front-end to partners' datasets.
In the past, Updata has sourced market data for clients of its Professional analytics workstation on an ad-hoc basis, but in the face of greater competition in the market data space, is now re-focusing its efforts on its "core" analytics business.
"The biggest issue we see in 2016 is price competition. There are more and more vendors competing for probably less business, and the market for market data terminals is saturated," says Updata chief executive David Linton. "Some terminal providers are
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