Market Data Explained
A Practical Guide to Global Capital Markets Information.
- Marc Alvarez, Marc Alvarez is a principal with TAP Solutions Inc., a software applications firm headquartered in Vancouver, BC, Canada. His clients include market data creators and users worldwide.
Business analysts employed in the financial services industry internationally; Software application developers in financial institutions and in Software firms providing financial applications and solutions; Consultants providing services to the financial services industry.
- Published: October 2006
- Imprint: BUTTERWORTH HEINEMANN
- ISBN: 978-0-7506-8055-4
"Next to people, data is one of the most important assets of a firm. And in the world of banking and finance, knowing how to manage this important asset, understanding its complexities and behaviors, is critical to a firm's efficient operation. Marc Alvarez explores this topic by breaking down the elements of Market Data into simple language. He demystifies this complex subject through easy to understand explanations and clear illustrations. Whether you are new to this subject, or a seasoned data veteran, Market Data Explained does just that - it provides a comprehensive guide to understanding Market Data and its components, how they are related, and how they fuel the engines of today's financial institutions." ---John A. Bottega - Chief Data Officer - Citigroup Corporate and Investment Bank “Capital markets can be complex and confusing. No less so the data that describe them. Alvarez’s guide sheds considerable light on the subject. He explains the overall structure of market data and guides our understanding of the details. I particularly liked the figures, as they cut to the essence of some complicated ideas.” -- Tom Redman, The Data Doc, Navesink Consulting Group So again, this is more than a primer, even though it sets out to define the market data industry's framework from the bottom up. In this, it performs a much-needed service, since even the most seasoned of practitioners seem to get their proverbial data-definition knickers in a twist or else suffer from Humpty-Dumpty syndrome ("reference data shall mean whatever I choose it to mean..." and so on.). A serious read, then, that we'd recommend to all-comers, new and old.-Market Data Insight, October 2006