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.
VendEx Solutions, the San Francisco-based technology spinoff from consultancy International Solutions Network, has unveiled its first product, VKey, a tool that identifies key terms and conditions in vendor contracts, to support compliance with data licenses.
After creating its VendorScape tool to support client optimization projects, ISN spotted a broader opportunity to create a suite of data management solutions.
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