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.
VendEx Solutions has spun off from International Solutions Network, Consulting Company (ISN) to redefine the tools for market data and vendor managers in the financial services sector.
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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