White Paper
Financial data and markets infrastructure: Positioning for the future
The financial data and markets infrastructure (FDMI) sector is rapidly growing, with an 8% CAGR in revenue and 17% TSR from 2019–2023. However, disruption from Big Tech, generative AI, and private market expansion is reshaping the landscape. FDMI firms must adapt by strengthening core infrastructure, adopting product operating models, and enhancing commercial strategies. Innovation beyond the core is vital—especially building service ecosystems and leading in private markets. Resilience, scalability, and client-centric integration are key to sustaining growth and positioning for long-term leadership.