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The purpose of financial regulation is ultimately to protect the consumer. There are hundreds of global financial regulations created by a myriad of regulatory bodies both in response to, and as a means to avoid, financial crisis, and to create stability and security in the financial systems.

As we approach another economic downturn, one thing is certain: Market data consumers will continue to seek out ways to leverage technology and use more sophisticated data management tools to address the inevitable new challenges.

Market data is already digital. The days of ticker tapes, when stock pricing was transmitted over telegraph lines and could be delayed more than 15 minutes, are long gone. Now pricing delays are measured in nanoseconds and digital data flies at speeds never imagined 20 years ago.

VendEx Solutions continued on its quest to break the mould in the market data inventory systems space with last month’s launch of VReg, a new module that gives consumers of market data an overview of the data suppliers they use to meet their regulatory obligations....

VendEx Solutions will unveil a new service that provides an enterprise-wide view of financial firms’ reliance on vendor products to meet specific regulations.

Transatlantic start-up VendEx Solutions is seeking to shake up the marketplace for market data inventory systems through the creation of a centralised hub for managing the relationship between financial institutions and their data providers.