What are the different types of data suppliers?
Data retailers provide their customers with different forms of data, which are based mainly on industry and specific instruments important for each industry. Financial data is distributed to companies across industries, as the exchange indices are important for hundreds of markets. Commodity information -specific information information can be sold to key players in this industry.
In general, these information brokers take raw data from the source and put it in their proprietary systems to manipulate more useful information. Data retailers sell these manipulated data to players within the sectors who will use the data provided. Each data supplier must decide how much data they will connect to redistribute to its customer base. These data objects are stored in the supplier's computer systems. Once e is manipulated and placed in a format that the company sells its client base, data is transmitted to the client base.Most data collection and transmission occurs during the closure hours because the client base uses information for the next day.
Financial data is sold on the basis of how the client intends to use this information. Data dealers distinguish their data range based on the delivery method, frequency, transmission, format or normalization. Each client must determine which supplier provides data in a format that best corresponds to the use of client data. Customer service provided by each company can also affect the client base in determining where the client purchases data.
commodity data are collected by smaller data suppliers or divisions within larger data processing companies and sold to industry participants. The specialized supplier of DATS sells to each commodity industry such as electricity, natural gas and oil trading. Some groups of cloutThey buy all information about the commodity for a larger area, such as energy trading, and others are interested in only one particular commodity.
Online merchants are interested in obtaining data on the number of visits to a particular site or the best searches completed on specific search engines. Data retailers collect this information and massage it in numbers for online sales and marketing companies. Some large market participants collect so much of their own information that they can sell these compound information to other companies without violating the specific personal data protection principle. Consumer products organizations obtain access to more detailed information about their client base using these services.