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Checklist: 5 Steps to Secure Vendor Contract Compliance

There is a heavy price to pay for financial institutions that consume market data and other information sources but fail to comply with supplier contracts.

Getting to grips with data usage is a challenging task because there is so little existing infrastructure in place to track the use of information services, causing a real lack of transparency into actual data usage across a firm - leaving firms vulnerable. If you could easily understand access and usage, the benefits could be significant, don't you agree?

Checklist: 5 Steps to Secure Vendor Contract Compliance

Getting a firm understanding of data usage is a key step in achieving compliance with vendor licensing contracts - but maybe you don't know where to start or how to achieve this? There is a five-step program that can help your firm improve the way you manage information services program to secure vendor contract compliance.

(View checklist as PDF)

Taking a structured approach

With taking a more structured approach to managing information services, firms will not only identify cost savings but also improve transparency and understand the relative importance of their suppliers - empowering data and research professionals to monitor and control data consumption and usage in order to ensure vendor contract compliance.