Trade Analytics Market by Component (Solutions, Services), Application (Transaction Cost Analysis, Workforce Management, and Sentiment Analysis), Trading Type, Deployment Mode (Cloud, On-premises), Organization Size, End User and Region - Global Forecast to 2027
In today’s rapidly changing financial environment, innovative quantitative analytics is critical to success. Market participants need a partner who understands the increasing complexities of the trade execution process and its impact on compliance reporting. Trade analytics software is specifically deployed to evaluate investments and to identify trading opportunities by analyzing the statistical trends and price variations gathered from the market. Trade analytics software processes data and delivers it in the form of statistical analysis to help traders make informed decisions when placing or managing a trade.
The global trade analytics market size is expected to grow from USD XX.X billion in 2022 to USD XX.X billion in 2027, at a Compound Annual Growth Rate (CAGR) of XX.X% during the forecast period.
Drivers: Rising need to evaluate and improve trading performance
Analytics enable traders with a formal framework for understanding the meaning of events and anticipating the ensuing market activity. This gives them context and places traders who use analytics at an advantage, helping them improve performance and reduce mistakes. Asset managers prefer analytics as it provides actionable insight to enhance and synchronize trading, quality, compliance, and other reporting capabilities. Implementation of trade analytics by different institutional investors, and individuals to focus on and analyze the risk involved in the portfolio is expected to drive market growth.
Rising importance of advanced technologies
Technological progress is offering opportunities to boost flexible ways of trading, reducing complex ways in which markets run. From trading software to tools for trading analysis, technology is at the heart of capital markets today. Financial institutions have enhanced the way they manage operations by adopting machine learning (ML) and artificial intelligence (AI). AI and ML are two emerging technologies with advanced analytics capabilities that can help traders to achieve their goals. This is expected to drive the adoption of trade analytics solutions across firms engaged in active trading activities.
Challenges:Lack of advanced analytical knowledge among the workforces
One of the major challenges encountered by firms has been the lack of technical expertise and firsthand experience in using the analytics and advanced trading algorithmic tools. As per data scientists across the world, the cause of apprehension of adopting advanced technology is the low level of skillsets among the workforce who are not adequate to utilize these advanced pervasive technologies. Enterprises breathing under a volatile, uncertain, complex, and ambiguous (VUCA) atmosphere need to adopt advanced analytical tools to help stay afloat in a disruptive world. To combat the current challenges of disruption, enterprises need to invest heavily in training and certification courses of using advanced technology to remain competitive and have a distinct place in the market.
Key Players in the Market
Global Trade Analytics LLC (US), Virtu Financial (US), Refinitiv (US), 63 Moon (India), AlgoTrader (Switzerland), FactSet (US), Vichara Technologies (US), MetaQuotes (Cyprus), Numerix (US), and One Market Data LLC (US) are few key players in the trade analytics market.
Recent Developments
- In September 2022, HDFC Bank signed long-term data and technology agreement with Refinitiv. HDFC Bank will empower its people and processes with Refinitiv’s enterprise data solutions to work smarter, faster, and under reduced operational risk with automated and reliable data across all business lines. Additionally, HDFC Bank will also enable its users with Refinitiv Workspace, Refinitiv’s highly customizable workflow solution for financial professionals provides access to real-time market data, news, fundamentals data, analytics, trading, and collaboration tools.
- In July 2021, Refinitiv enhanced its post-trade regulatory reporting capabilities through a partnership with Xinthesys LLC that enables sell-side traders to potentially save costs with a single and fully integrated platform for trade reporting.
TABLE OF CONTENTS
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 MARKET SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 REGIONS COVERED
1.3.3 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY CONSIDERED
1.5 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
2.1.3 BREAKUP OF PRIMARY PROFILES
2.1.4 KEY INDUSTRY INSIGHTS
2.2 MARKET BREAKUP AND DATA TRIANGULATION
2.3 MARKET SIZE ESTIMATION
2.4 MARKET FORECAST
2.5 COMPETITIVE EVALUATION QUADRANT METHODOLOGY
2.6 STARTUP/SME EVALUATION QUADRANT METHODOLOGY
2.7 ASSUMPTIONS FOR THE STUDY
2.8 LIMITATIONS OF THE STUDY
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN THE TRADE ANALYTICS MARKET
4.2 MARKET, BY COMPONENT
4.3 MARKET, BY APPLICATION
4.4 MARKET, BY DEPLOYMENT MODE
4.5 MARKET, BY ORGANIZATION SIZE
4.6 MARKET, BY END USER
4.7 MARKET INVESTMENT SCENARIO
5 MARKET OVERVIEW
5.1 MARKET DYNAMICS
5.1.1 DRIVERS
5.1.2 RESTRAINTS
5.1.3 OPPORTUNITIES
5.1.4 CHALLENGES
5.2 CASE STUDIES
5.2.1 USE CASE 1
5.2.2 USE CASE 2
5.2.3 USE CASE 3
5.2.4 USE CASE 4
5.2.5 USE CASE 5
5.3 INVESTMENTS IN TRADE ANALYTICS
5.4 PATENT ANALYSIS
5.4.1 METHODOLOGY
5.4.2 DOCUMENT TYPE
5.4.3 INNOVATION AND PATENT APPLICATIONS
5.4.3.1 Top applicants
5.5 ECOSYSTEM OF THE TRADE ANALYTICS MARKET
5.6 SUPPLY CHAIN ANALYSIS
5.7 VALUE CHAIN ANALYSIS
5.8 TRENDS/DISRUPTIONS IMPACTING BUYERS/CLIENTS OF MARKET
5.9 TECHNOLOGY ANALYSIS
5.1 REGULATORY IMPLICATIONS
5.11 TARIFF AND REGULATORY LANDSCAPE
5.12 PRICING ANALYSIS
5.13 KEY STAKEHOLDERS AND BUYING CRITERIA
5.14 PORTER’S FIVE FORCES ANALYSIS
5.14.1 THREAT OF NEW ENTRANTS
5.14.2 THREAT OF SUBSTITUTES
5.14.3 BARGAINING POWER OF SUPPLIERS
5.14.4 BARGAINING POWER OF BUYERS
5.14.5 INTENSITY OF COMPETITIVE RIVALRY
6 TRADE ANALYTICS MARKET, BY COMPONENT
6.1 INTRODUCTION
6.3 SOLUTION
6.3.1 SOLUTION: MARKET DRIVERS
6.4 SERVICES
6.4.1 SERVICES: MARKET DRIVERS
6.4.2 PROFESSIONAL SERVICES
6.4.2.1 Consulting
6.4.2.2 System Integration and Implementation
6.4.2.3 Support and Maintenance
6.4.3 MANAGED SERVICES
7 TRADE ANALYTICS MARKET, BY APPLICATION
7.1 INTRODUCTION
7.2 HIGH-FREQUENCY TRADING
7.2.1 HIGH-FREQUENCY TRADING: MARKET DRIVERS
7.3 TRANSACTION COST ANALYSIS
7.3.1 TRANSACTION COST ANALYSIS: MARKET DRIVERS
7.4 RISK AND COMPLIANCE MANAGEMENT
7.4.1 RISK AND COMPLIANCE MANAGEMENT: MARKET DRIVERS
7.5 SENTIMENT ANALYSIS
7.5.1 SENTIMENT ANALYSIS: MARKET DRIVERS
7.6 WORKFORCE MANAGEMENT
7.6.1 WORKFORCE MANAGEMENT: MARKET DRIVERS
7.7 OTHER APPLICATIONS (QUALITY MANAGEMENT AND BUSINESS INTELLIGENCE & REPORTING)
8 TRADE ANALYTICS MARKET, BY TRADING TYPE
8.1 INTRODUCTION
8.2 TECHNICAL TRADING
8.2.1 TECHNICAL TRADING: MARKET DRIVERS
8.3 FUNDAMENTAL TRADING
8.3.1 FUNDAMENTAL TRADING: MARKET DRIVERS
8.4 MOMENTUM TRADING
8.4.1 MOMENTUM TRADING: MARKET DRIVERS
8.5 COMMODITIES TRADING
8.5.1 COMMODITIES TRADING: MARKET DRIVERS
8.6 OTHER TRADING TYPES (SCALPING TRADING, ARBITRAGE TRADING, SELL-SIDE TRADING, EQUITIES TRADING, AND SWING TRADING)
9 TRADE ANALYTICS MARKET, BY DEPLOYMENT MODE
9.1 INTRODUCTION
9.2 ON-PREMISES
9.2.1 ON-PREMISES: MARKET DRIVERS
9.3 CLOUD
9.3.1 CLOUD: MARKET DRIVERS
10 MARKET, BY ORGANIZATION SIZE
10.1 INTRODUCTION
10.2 SMES
10.2.1 SMES: MARKET DRIVERS
10.3 LARGE ENTERPRISES
10.3.1 LARGE ENTERPRISES: MARKET DRIVERS
11 TRADE ANALYTICS MARKET, BY END USER
11.1 INTRODUCTION
11.2 ASSET MANAGERS
11.2.1 ASSET MANAGERS: MARKET DRIVERS
11.3 HEDGE FUND MANAGER
11.3.1 HEDGE FUND MANAGER: MARKET DRIVERS
11.4 BROKER-DEALERS
11.4.1 BROKER-DEALERS: MARKET DRIVERS
11.5 INVESTMENT BANKS
11.5.1 INVESTMENT BANKS: MARKET DRIVERS
11.6 OTHER END USERS (RESEARCH PROVIDERS, RETAIL INVESTORS, AND ACADEMIA)
12 TRADE ANALYTICS MARKET BY REGION
12.1 INTRODUCTION
12.2 REGION: MARKET DRIVERS
12.3 NORTH AMERICA
12.3.1 NORTH AMERICA: REGULATORY LANDSCAPE
12.3.2 UNITED STATES
12.3.3 CANADA
12.4 EUROPE
12.4.1 EUROPE: REGULATORY LANDSCAPE
12.4.2 UNITED KINGDOM
12.4.3 GERMANY
12.4.4 FRANCE
12.4.5 REST OF EUROPE ( SPAIN, ITALY, SWITZERLAND, AND OTHERS)
12.5 ASIA PACIFIC
12.5.1 ASIA PACIFIC: REGULATORY LANDSCAPE
12.5.2 CHINA
12.5.3 JAPAN
12.5.4 INDIA
12.5.5 REST OF APAC (SINGAPORE, MALAYSIA, SOUTH KOREA, AND INDONESIA)
12.6 MIDDLE EAST AND AFRICA
12.6.1 MIDDLE EAST AND AFRICA: REGULATORY LANDSCAPE
12.6.2 UAE
12.6.3 KSA
12.6.4 SOUTH AFRICA
12.6.5 REST OF MEA (ISRAEL, QATAR, KUWAIT, AND TURKEY)
12.7 LATIN AMERICA
12.7.1 LATIN AMERICA: REGULATORY LANDSCAPE
12.7.2 BRAZIL
12.7.3 MEXICO
12.7.4 REST OF LATIN AMERICA (ARGENTINA, CHILE, PERU, AND COLOMBIA)
13 ADJACENT MARKET
13.1 INTRODUCTION
13.2 MARKET DEFINITION
13.3 ALGORITHMIC TRADING MARKET
13.4 ADVANCED ANALYTICS MARKET
14 COMPETITIVE LANDSCAPE
14.1 OVERVIEW
14.2 KEY PLAYER STRATEGIES
14.3 REVENUE ANALYSIS
14.4 MARKET SHARE ANALYSIS
14.5 MARKET EVALUATION FRAMEWORK
14.6 COMPANY EVALUATION QUADRANT
14.6.1 COMPANY EVALUATION MATRIX: DEFINITIONS AND METHODOLOGY
14.6.2 STARS
14.6.3 EMERGING LEADERS
14.6.4 PERVASIVE PLAYERS
14.6.5 PARTICIPANTS
14.7 COMPETITIVE BENCHMARKING
14.8 STARTUP/SME EVALUATION MATRIX
14.8.1 PROGRESSIVE COMPANIES
14.8.2 RESPONSIVE COMPANIES
14.8.3 DYNAMIC COMPANIES
14.8.4 STARTING BLOCKS
14.9 STARTUP/SME COMPETITIVE BENCHMARKING
14.9 COMPETITIVE SCENARIO AND TRENDS
14.9.1 PRODUCT LAUNCHES AND PRODUCT ENHANCEMENTS
14.9.2 DEALS
14.9.3 OTHERS
15 COMPANY PROFILES
15.1 KEY PLAYERS
15.1.1 GLOBAL TRADING ANALYTICS
15.1.2 VIRTU FINANCIAL
15.1.3 REFINITIV
15.1.4 63 MOONS
15.1.5 METAQUOTES
15.1.6 ALGOTRADERS
15.1.7 THOMSON REUTERS
15.1.8 SOFTWARE AG
15.1.9 NUMERIX
15.1.10 ABEL NOSER
15.2 STARTUP/SME COMPANY PROFILES
16 APPENDIX
16.1 DISCUSSION GUIDE
16.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.3 AVAILABLE CUSTOMIZATIONS
16.4 RELATED REPORTS
16.5 AUTHOR DETAILS
Growth opportunities and latent adjacency in Trade Analytics Market