WatersTechnology: The consolidated tapes are taking shape—but what shape exactly?

The comprehensive report ranks the top 50 service providers in the buy-side sector. Ediphy ranked 4th in Innovation and 34th overall.

Chris Murphy, CEO of Ediphy, writes that the biggest goal of a fixed-income tape should be the aggregation of, and democratized access to, market data.

"Google (GOOGL.O), Norway's sovereign wealth fund and Swiss bank UBS (UBSG.S), have joined forces to back a bid to run Britain's real-time record of transactions in bond markets, the fixed income technology firm leading the plan told Reuters."