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Introduction
With
the ever-increasing challenge for market data managers to reduce market
data spending and control on-going costs, it has become ever more
critical to maintain accurate market data product information and
associated data inventory. By reviewing inventory management precedures
and practices and checking for compliance with Exchanges / Market
Data Vendors, we can ensure an organization is prepared for exchange
audits.
Without accurate inventories, reconciliation of vendor billing, usage analysis and financial reporting is impossible.
The People
- Our
consultants have extensive Market Data industry knowledge gained
through hands on experience in Market Data Management, Business
and Product Analysis and Market Data Cost Containment within leading
investment banks
- Our
consultants have experience with leading inventory management
tools, with particular strengths in Market Data Service Ltd.,
MDM/MVM and MDS2000 product range.
Suite of Services
- System
Health Checks and Audits
- Implementation of inventory systems and interfaces
- Analysis,
testing and recommendation of new or improved inventory tools
- Detailed reconciliation of inventories against invoices highlighting opportunities to save cost.
- Report writing, generation, implementation and automation.
- Ongoing
inventory management, data entry, interfaces processing (DACS,
Tibco, Bloomberg)
- Periodic
physical audits
- Change management
- Periodic invoice reconciliation
- Moves and changes processing
- Financial reporting
- Vendor and Exchange declarations
- Contractual management
- Usage reporting
by vendor, by department, by user
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