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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?

5 steps to secure vendor compliance

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)

Checklist - 5 steps to secure Vendor Compliance-1

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.

Want to learn more on how to take control of vendor contract compliance?

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