BCG’s Expand Research Launches Unique Market Data Catalogue

Last Updated on: 22nd November 2023, 02:49 am

Expand Research – A BCG Company – has announced a collaboration with several global tier one financial institutions to create a revolutionary ‘first of its kind’ Market Data Catalogue.

The project has been in the works for over a decade, with Expand providing industry-leading diagnostics and decision support tools in the Market Data industry. This includes a syndicated Global Market Data benchmark that allows financial services firms to compare their Market Data spend with peers.

Alistair Brooker, VP General Manager at Calero, a leading software provider in the Market Data space, said: “The subject of a Central Data Catalogue in the Market Data space has been talked about in the industry for more than 15 years, being a key item on many Market Data team’s wish list.”

Expand highlighted the need for an industry Market Data Catalogue in a white paper, The Market Data Hypermarket. This catalogue will act as a one-stop-shop for firms looking to discover new and alternative data sets, map their existing inventory of data to a standard industry taxonomy and track usage of data products throughout their organization.

Damian McCarthy, Managing Partner of Expand, said: “The new Expand Market Data Catalogue marks a huge step forward for the industry, with multi-millions in potential savings for consumers. The Market Data Catalogue will transform the way that firms manage their Market Data.”

Expand has made a significant investment in the project, including the recruitment of several Market Data SMEs. They are also partnering with several global banking giants, the founding members, who contribute around 10% of annual spend in the Market Data Industry.

Eddie Molloy, Director of Expand’s Market Data practice, said: “For years firms have relied on relationships and subject matter expertise to identify the best data sets that vendors have to offer. This has made discovering data and identifying displacement opportunities very difficult. In turn, this caps a firm’s potential to reduce cost in a cost-focused environment. It is in the interests of all parties to make this process easier and more efficient, and the Market Data Catalogue will do exactly that.”

Expand is on course to deliver the catalogue to Founding Members via API, late Q3 2023. Those interested in joining the initiative can contact Eddie Molloy at

Share this article
Shareable URL
Prev Post

Steps to Take After Suffering a Personal Injury: Seeking Legal Representation

Next Post

New Heights of Security: Private Firms Elevate Safety with Comprehensive Drug Testing Measures

Read next