The research technology sector has seen a boom over the past few years that some observers say mirrors that of electronic trading earlier this decade. What began with a handful of small companies introducing ways for the buy side to better manage the vast amount of information flooding the in-boxes of portfolio managers is now a business with a steep growth trajectory.
"We are expecting a tremendous amount of growth in IT spending" on research technology among buy-side firms, said Dushyant Shahrawat, research director of TowerGroup's investment management service.
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