Market Data Management Challenges

Compliance Impact on Data Governance

Data usage rights are a major compliance risk that present economic and reputational risks.

Managing Material Costs

Market data is a significant bottom line cost, $32bn in 2019 Global aggregate spend + rising

Managing 1,000s of Vendors

Market data teams are already stretched by tracking renewals, invoicing, usage, requests, due diligence, etc., on top of tracking the myriad of emerging fintech

Rapidly Changing Technology

Leveraging bleeding edge technology, VendEx Solutions serves today’s market data teams’ complex needs

Information Asymmetry Challenges

A lack of centralized communications for vendors creates information gaps for their clients

The VendEx Market Data Workflow

VPort  |  VSource  |  VKey  |  VReg  |  VLink  | VID

VendEx Solutions Market Data Workflow

The VendEx Solutions Suite

VendEx Solutions is the definitive centralized hub for the market data industry with a full suite of integrated tools that service both Financial Services Market Data/Vendor Managers and Financial Technology Vendors.

Financial Services Firms

  • VPort: Integrated Vendor Management Portal
    • Powerful and flexible vendor management dashboard
    • Analyze and manage vendor costs globally, locally or by department
    • Track assigned/unassigned licenses to optimize usage
    • Create RFIs/RFPs and manage vendor selection process
    • Direct Invoicing
  • VSource: Digital Vendor Services Directory
    • Dynamic catalog of vendor products and services
    • Find fintech vendors who meet your requirements
    • Research and compare fintech vendor capabilities
  • VReg: Market Data Regulatory Mapping
    • Map existing and pending regulatory articles to vendor services
    • Understand Vendor reliance
    • Provide insight to new Regulations

The VendEx Solutions Hub

  • VKey: Mapping and Digitizing Contracts (Financial Services & Vendors)
    • Extract key vendor contract terms leveraging AI technology with human understanding
    • Instantly search key data usage terms and conditions

Identifiers

  • VID-S: Vendor Services Identifying Code
    • Proprietary patent-pending taxonomy for categorizing vendors’ products and services
  • VID-C: Contract Terms Identifying Code
    • Proprietary patent pending alpha-numeric taxonomy

Vendor Companies

  • VLink: Market Data Customer Connection
    • Vendor Pages
      • Company Overview
      • Information on all products and services
    • Client communication
      • New Products
      • End of Life
      • Corporate actions
    • Authentication of services
    • Expedited onboarding/Due Diligence
    • Instant RFP access
    • Direct Invoicing
    • Align services with regional regulations