Exchanges are introducing ever evolving policies regarding the use of market data in areas such as non-display, derived data creation and data usage applications. Interpreting and staying up to date with these policies, on top of the labour heavy reporting process can become a challenging task – hours can be wasted manually submitting the exchange/vendor reports when firms internally do not have the skillset to automate the process.
ADS provides a streamlined process that eliminates the time-consuming elements of preparing exchange and vendor declarations. It provides an independent external resource to interpret exchange policies – assisting in reducing and controlling market data costs – giving you great confidence when it comes to compliance and audits.
Additionally, ADS conducts cost benefit analysis of any new netting program to enable the client to measure the costs against potential savings.