Every trading desk has access to the same baseline market data. The real edge comes from what you build on top of it. From consolidated tapes to direct feeds, here’s what Manchester City can teach trading firms about investing in the data that actually creates an advantage.

As market data suppliers multiply, competitive advantage is shifting away from proprietary platforms toward vendor-neutral interfaces. Here's why MCP, AI, and standardized data access could reshape the future of financial market infrastructure.

Replacing a legacy capital markets platform like Front Arena is costly, risky, and often unnecessary. By extending the core with a modern integration layer, banks can deliver real-time analytics, regulatory reporting, and digital client experiences while preserving the stability of their existing trading systems. The key is treating market data, reference data, and transaction data as distinct modernization challenges.