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Waters Wrap: Mid-tier market data providers look to reinvent themselves
Anthony loves when his opinions spark debate. Following responses to a recent column on consolidation among mid-market data technology vendors, he provides something of a case study, which looks at how Exegy is evolving after its acquisition of Vela.
Often, I receive feedback on my columns, under the banner of the “Waters Wrap.” I recently wrote about Pico’s acquisition of Redline Trading Solutions, some of the trends this deal points to, and what’s ahead for the mid-tier market data platform providers. Some of the feedback was good. And then there was this, from a former employee of Redline: “Hi Anthony, just read your article about consolidation in the market data space. I came away thinking that you didn’t really know much about the
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