Financial Market Desktops Users Increased to 1.7 Million in 2020 -Stable Growth Expected in 2021 – NEW BURTON-TAYLOR REPORT
LONDON and NEW YORK, July 27, 2021 /PRNewswire/ — Financial market desktops users totaled over 1.7 million in 2020, with new user count growth led by FactSet, Morningstar and S&P Global Market Intelligence, with Refinitiv and Bloomberg remaining the largest providers, according to a new report published today by Burton-Taylor International Consulting, part of TP ICAP’s Data & Analytics division.
Financial Market Data Desktops Evolving to Meet New Needs of the Industry
Investment banking drove desktop growth in 2020, while retail wealth management and investment management remained the largest areas by total global desktop counts. Sales & trading desktops stayed relatively flat, as automation in trading across asset classes continues to reduce trader headcount.
“The desktop is changing and should no longer be thought of as a one-size fits all terminal that sits on a desk in…