For TRG Screen, it’s been an amazing year, one in which we’ve undertaken a great deal of very intentional transformation. Foremost, we’ve been laser focused on advancing our ability to continue to deliver differentiated, market-leading tech and expert advisory and drive innovation that not only meets and exceeds—but also anticipates—client needs. This includes staying in tune with business best practices to keep the company robust and resilient for the long term.
Early in 2024, we completed the acquisition of Xpansion after several years of very successful partnering. We also saw our solutions and expertise resonating in the marketplace more than ever, as we had the honor of signing on several new clients.
In a long overdue move, one that any responsible business must make to remain viable, we painstakingly reconciled and recontoured our organization and staffing model to reflect our five-plus years of merger integrations and where we’re headed to make sure we have the right talent, in the right weighting, in the right locations. This included several strategic hires to ensure we have the right talent in place to lead us into the future.
Expanded service reach with New Global Capability Center in Bangalore
To enable our support of clients across time zones, we launched the Global Capability Center in Bangalore, India, to ensure our ability to deliver follow-the-sun managed services and to reflect the operating hours of our global client base. This move allows us to deliver excellence in support with a responsible cost structure from a regional hub of market data innovation and expertise. In speaking with many clients and members of industry, this move is like those made by many other businesses in recent years.
Industry events across the globe
Industry events remained a critical connection point for us, with our teams sponsoring, attending and speaking at gatherings in numerous countries. Among them:
- DKF Munich, Amsterdam, Vienna – a series we founded 11 years ago to provide objective information to a niche group of practitioners, these continue to serve as a source of lively conversation and trusted information for attendees.
- At WFIC in Austin, Texas, we hosted a fun client event at a famed local venue, which gave us a chance to break bread with many of you.
- At FISD Australia, two of our experts conducted a master class in Inventory Management.
- Other events like Adminovate, BIALL (British and Irish Association of Law Librarians), Vienna Financial Data Summit, Canadian Association of Law Libraries Conference, SIPUG Swiss Information Providers User Group, Irish Funds UK Symposium, LLAGNY: CLE Research Programming Service event gave us a chance to listen and learn what’s on the minds of clients, practitioners, decisionmakers and fellow fintech companies right now.
Central to our client-centered product development model, we hosted three virtual and in-person regional user groups, which gave clients an inside look at our product roadmap, how they can get involved in product development, and let them ask questions and learn from peers as well.
Gratitude for awards and recognition
On the awards and recognition front, it was an honor to be named a market data leader in this insightful piece from Max Bowie of Waters Technology. Among other accolades that came in thanks to the team’s tireless work:
- Xmon, our industry-leading reference data usage and spend management won 'Best Data Governance Solution' at the WatersTechnology.com Inside Market Data & Inside Reference Data Awards 2024
- Optimize Spend was recognized by SIIA as 'Best Financial & Market Data Solution' for the second year in a row as part of the annual SIIA CODiE Awards
- Optimize Spend Solution nominated ‘Best Market Data Inventory Platform’ by TradingTech Insight Awards
And as we do day in, day out, we continued to evolve our product suite, introducing the unified spend and usage metrics in Optimize Insights. We also began more widespread integration of AI in our products and services to augment the tech and expert insights we’re already delivering.
We have several proof-of-concept projects underway and expect to launch those in 2025. We launched a standing AI Council to build out the governance frameworks we'll need to support the growing use of AI in our internal tools and products, while actively using AI to increase efficiency internally, such in our dev team’s daily workflows. Additionally, we added new exchanges to PEAR (Policies, Explanations, Analytics, Repository), which now covers more than 300 exchanges worldwide.
Lastly, and most importantly, we helped clients across sectors and continents realize profound savings and efficiency gains and were able to offer them advice and technology that made real bottom-line impact in their businesses. For instance, with Xmon alone, our internal audit revealed that we helped clients save roughly 25% on reference data in 2024.
Looking to 2025
We’re so grateful for what we’ve been able to accomplish in collaboration with our clients and industry partners, and we look forward to sharing a couple of important product releases in coming months. 2025 will include even closer relationships with clients as we build new solutions with them in mind and actively engage them at every stage of our development process, improving not just what we build but how we build it—ensuring the highest value creation and ROI for their businesses.
Additionally, you’ll start to see even more relevant content from us in the form of more frequent webinars and thought leadership content that goes beyond products to deliver value-added insights and get to know some of the people behind TRG Screen in a new ‘meet the expert’ series.
Last but not least, our commitment to Europe and other global markets is stronger than ever, and we’re excited to keep listening and learning as we interact with clients and members of industry around the globe.
Enjoy the holiday season, and we look forward to hitting the ground running in 2025 right beside you!
