Finding the right staff to manage the complex real time trading environment may prove to be a challenge, if not impossible. Screen INFOmatch therefore offers a managed services solution, INFOmatch Assist managed by our team of market & reference data specialists who guarantee the highest rates of efficiency in managing all your market & reference data vendor and exchange contracts and associated tasks.
INFOmatch Assist is a managed services solution which is aimed at providing you with the professional skills of our highly trained and experienced staff into a complete customised solution. Working on-site or off-site, our specialists can manage any element related to the administration of market & reference data, including market data contract administration; market data invoice reconciliation; market data cost allocation & analysis; managing moves, adds and cancellations (MAC management); internal and external market data reporting (MISU reports, Data Access Declarations); budgeting; vendor selection & management; systems comparisons & systems deployment. We have the experience of successful engagements necessary to assure a cost effective and successful outcome.
The INFOmatch Assist service can be tailored to your needs.
INFOmatch Assist components
It is comprised of the following components:
MAC management (Moves, Additions and Cancellations)
Processing of all HR related daily changes in the organisation, such as:
- Allocation changes (sharing, relocations, etc.)
Invoice checking / reconciliation
Checking and processing of invoices from data vendors. This includes:
- Bloomberg SID file uploads
- Reuters E-billing
- Other vendors
- Check invoices against agreements
- Manage invoice status (received, payable, needs clarification)
- Cost allocation (invoiced costs)
Maintain all relevant contractual information in INFOmatch. This includes:
- Periods and dates (expiry dates, notice periods, new agreements)
- Prices, discounts and numbers (cancellations, additions)
- Vendor contacts
- Document management; scanned copy of original agreement
Prepare and analyse budgets, with respect to the vendors and their products which are in the scope of the service. The service includes budget preparation (per department or per vendor), and tracking of realisation (costs) against budget via reports.
Compliance & Entitlements
Assist the client with information and reports to support:
- Announced audits (pre-audit)
- Audits in progress (audit)
- Completed audits (post-audit)
General Ledger / Accounts Payable
Facilitate process to exchange information with general ledger system and / or Accounts Payable team.
This service is highly customizable. Based upon the business requirements, the service includes the processing of a set of reports to be distributed to internal recipients.
The service includes a large set of pre-defined reports, which may be extended with customised reports, upon the client’s requirements.
Processing of reports required by external parties, such as vendors and exchanges. This includes:
- Reuters (E-)Data Access Declaration (DAD) forms
- Compliance reports – vendors require detailed reports on the accessibility of their data via third party platforms
- (Direct billing) Exchanges – for instance the Multiple Installation Single Access (MISU) report by NYSE
With INFOmatch Assist:
- Your market data administration is in safe hands because it is handled by specialists who work efficiently and effectively
- You realise continuity with respect to the market & reference data admin process
- You can focus on your core business