Optimize Spend is a major component of TRG Screen’s new Optimize platform launched in 2020. It brings together TRG Screen’s extensive capabilities for managing, tracking usage, ensuring compliance and optimizing all aspects of enterprise market data, information and third-party vendor subscriptions and vendor relationships. It enables financial services, law firms and blue-chip corporations to fully monitor, manage and optimize their subscription spend to drive cost efficiencies.
“This is the first phase of TRG Screen’s multi-million-dollar investment in the Optimize platform to bring together all of our valuable capabilities under a single solution. It will drive the next generation in market data management, demonstrating our continuous commitment to pioneer subscription management solutions for the financial industry,” comments Richard Mundell, Chief Product Officer for TRG Screen.
Optimize Spend includes a feature set that embraces the capabilities and experience built into its predecessor products over the last 20 years. Built on modern web technologies and developed to serve the needs and expertise of market data and other enterprise subscription managers, Optimize Spend is focused on workflows that solve vendor and contract management problems.
TRG Screen has reimagined the user experience providing depth of functionality for even the most complex of use cases, managed through a logical and intuitive interface. Training and workflow walk-throughs are built into the product to aid immediate productivity and easy adoption of new features. In addition to the streamlined interface:
“Optimize Spend is available to our customers as an in-place upgrade. We’ll be working closely with them to make it as straight forward and seamless as possible, to get them up and running with these great new features and capabilities,” said Mundell.
Optimize is a completely flexible and scalable platform, able to deliver value to firms with only a few vendor relationships through to those managing hundreds of millions of dollars of subscriptions. TRG Screen enables more than 500 organizations worldwide to monitor and manage their high value enterprise subscriptions, delivering up to 30% cost savings.