**S&P’s plan to buy IHS Markit is the latest in a slew of deals in the industry**
[One of the quickest-growing slices of the market-data industry for the past five years has been direct selling to investment managers, rather than traders. And a motley, fragmented bunch of providers are having enormous success selling proprietary data directly to quantitative managers](https://www.economist.com/finance-and-economics/2020/12/05/meet-the-data-firms-cashing-in-on-the-quant-investing-boom)