Stock exchanges, vendors and broker/dealers want to protect their intellectual property rights as well as their revenues.
On the other hand, distribution, control, reporting of market data entitlements and usage has become a real challenge for financial institutions in a world where staffing levels in market data management departments have only gone down. With the number of market data compliance audits having increased dramatically in recent years, and substantial back bills as a result, many market data managers realise it is time to act.
Are you lacking full knowledge of internal / external data redistribution, market data access permissions, contractual obligations, pricing policies, market data compliance procedures or reporting requirements?
INFOmatch is the perfect tool to create total transparency with respect to data accesses, associated market data cost and market data providers’ business rules. It prevents overcharging, under-reporting, unauthorised data redistribution and back charges: