Many financial services companies have a number of applications (both display & non-display) with access to market data – either via a vendor or direct feed. Are you facing challenges in identifying which exchanges have specific policies around declaring applications, licensing and what the unit of count is – particularly in regard to non-display?
ACT provides a systematic approach where you can create a bespoke online questionnaire to consolidate your organization’s application usage — incorporating automated scheduling and reminder emails — allowing you to consolidate all your application usage data. This removes the stress normally associated with compliance audit preparation and applications.
This approach will significantly reduce the time and costs spent on the exchange data compliance reporting process for organizations with multiple users and applications, such as large tier-one banks and data vendors.