Although the management of technology is largely similar among the different groups in the data business, the data produced and the management of that data exhibits important differences depending on the group (role). Data creators need to have business units to price and sell data, whereas users do not.

Users need to account for their usage, and data creators do not. Differences in both the data and how it must be managed are illustrated in Figure 2.8.


Figure 2.8 Entities organize to accomplish the activities unique to each entity type that are required to manage and consume the data they produce, market, and/or consume.

There ...

Get An Introduction to Trading In the Financial Markets: Technology: Systems, Data, and Networks now with O’Reilly online learning.

O’Reilly members experience live online training, plus books, videos, and digital content from 200+ publishers.