Pricing and Reference Data Distribution and Integration

Control in Pricing Reference Data Distribution and Integration

The lack of control in distributing financial reference data is resulting in significant data quality issues on all types of Pricing and Reference Data. These quality issues are resulting in trade breaks, inaccurate risk calculations and significant overspend on vendor data across all major financial markets.

"Some of our clients have experienced massive double digit savings on their reference data costs."
— John Randles, CEO, PolarLake.

Our purpose built Product enables over 15 of the world’s largest Investment Banks and Asset Management firms to:

• Manage risks associated with Pricing and Reference Data Integration
• Minimize data spend
• Minimize operational costs
• Improve overall data quality.

The product has an end to end control dashboard that monitors reference data quality, delivery and vendor data consumption metrics. It gives Business Operations staff:

• Proof of Pricing and Reference Data delivery
• Live reconciliations on delivery
• Metering and metrics of data flows
• Reseed and resend capability
• The ability to deal with large scale downstream system outages and re-synching
• A central collection and distribution point for vendor data
• Fine grained access control for vendor Reference Data to reduce duplication of spend or inappropriate usage
• Data usage quotas and limits enforcement
• The ability to control distribution policies and set data priorities.