<p>It's dubbed it the Network Effect. The more users a network gets, the more benefit the network delivers.</p><p>But, there are times when that effect becomes costly to users. Like in financial markets, where traders pay Bloomberg upwards of $2,000 a month each for data and messaging services that let them execute transactions with each other.</p><p>Define your trading partners. Determine what communications platforms they use. Adopt interoperable system. For middle and back office work, adopt least-cost, reliable alternative.</p><p>Now comes Markit Collaborative Services with a largely free alternative.</p><p><a href="http://www.cruxialcio.com/markit-vs-bloomberg-not-2086">Keep reading...</a></p>