Surging growth in the cost and complexity of market data combined with an insatiable demand for experienced talent is prompting financial firms to seek an alternative model to manage their market data inventory.
Market data management systems are evolving to provide consumers with the insights they need to optimize their spending and make the most of their ever-more complex subscriptions, while those without a purpose-designed system face major financial risks in keeping their costs under control.
That was the key theme of Richard Mundell, Chief Product Officer of market-leading enterprise subscription management company TRG Screen, in a presentation to this year’s DKF conference.
Axon Market Data Compliance Platform Earns Prestigious Industry Recognition
WASHINGTON, D.C. (June 8, 2022) – TRG Screen, leading enterprise data subscription management provider, Market Data Compliance Platform has been named the best compliance solution of 2022 as part of the annual SIIA CODiE Awards. The CODiE Awards recognize the companies producing the most innovative business technology products across the country, and around the world.
Financial institutions – large and small – keep struggling to keep track of their market data spend, usage and compliance accurately and efficiently - potentially risking unnecessary costs, and prompting more to seek outside help.
New York - April 20, 2022 - TRG Screen, the leading provider of enterprise subscription spend management solutions, today announces that the following products were named a 2022 SIIA CODiE Award finalist in the following categories; Optimize Spend is a finalist in 'Best Financial & Market Data Solution', Axon Market Data Compliance Platform is a finalist in 'Best Compliance Solution' and TRG Screen's Revenue Management Platform is a finalist in 'Best Subscription Billing Solution'. CODiE finalists represent the best products, technologies and services in software, information and business technology.
The world of financial market data never stands still but 2022 is shaping up to be especially challenging for consumers of this vital information that underpins trade and investment in all financial assets.
Markets remain volatile, emphasizing the value of reliable and timely financial data. At the same time, inflation in the developed world is soaring for the first time in years, prompting firms to keep a hawkish eye on data costs and usage.
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