Market Data Management Solutions
for Financial Institutions
Market Data Administration
Are you effectively tracking and allocating all of your market data services and expenses?
Market Data Vendor Management
Do you have the right vendors? Are you aware of your upcoming contracts and cancellation terms?
Market Data Cost Optimization
Are you active with your spend data management? Do you have a precise and full view of your data spend?
Market Data Compliance
Do you know if you’re properly licensed? Are you accurately reporting to exchanges?
Market Data As A Managed Service
We help institutions with their financial data management solutions by managing and supporting their market data environment and programs. Our comprehensive list of market data solutions focus primarily on market data vendor management and on market data administration: using market data management software to keep an accurate and current inventory of market data vendors, market data services, users, and costs; on spend data management, and; on ensuring the proper level of market data compliance across your enterprise and applications.
Market data costs for financial institutions is a top 5 direct cost, therefore having the right spend management consulting firm and the right spend management consultants is crucial.
Market Data Management Challenges
With over 20 years collectively managing market data we’ve established an operating framework of best practices and have industry certified spend management consultants to tackle our client’s core market data management challenges.
Administration: tracking all market data services and subscription details across the firm (e.g. vendors, contracts, services, and users).
Vendor Management: strategic sourcing, contract negotiations and renewals management, and product/usage analyses.
Compliance: managing vendor agreements, exchange reporting, and compliance and market data audit risk.
Cost Optimization: reducing growing costs through proper spend data management and market data cost management
Market Data Spend Analytics Using BI
How do you know if you are getting value from your data?
Our spend analytics consultants have built customized dashboards in various BI tools to provide our clients with financial savings management solutions for better decision making. We can build customized dashboards to give you a holistic view of your spend by vendors, departments, platforms, and contracts.
We use business intelligence software like Tableau, Microsoft Power BI, and Qlik to improve your market data cost management and reporting processes. With these tools we can provide a dynamic level of reporting that will give transparency and granularity to management and internal stakeholders for effective cost management throughout their organization and its end-users.
Director of Product Management at StoneX
Financial Models Operations and Support Manager at Chatham Financial
Head of Relationship Management (Americas) at TRG Screen
Sr. Market Data Business Analyst, Consultant at HSBC