WASHINGTON, D.C. (June 21 & 22, 2023) – TRG Screen’s Optimize Spend was named the Best Financial & Market Data Solution of 2023 as part of the annual SIIA CODiE Awards. The prestigious CODiE Awards recognize the companies producing the most innovative Business and Education Technology products across the country and around the world.
The volume and value of market data grows by the year, outstripping the ability to keep up with the rapid pace of commercial change – particularly for firms lacking specialist expertise and technology.
Another year and another record global spend on the market data and information that enables financial market trading and global investment.
Reference data management can come with many challenges, financial institutions find it increasingly difficult to control and report on usage of reference data. Xmon - offered in partnership with Xpansion - is our reference data usage management tool that helps Data Operations teams establish proactive control, transparency and governance over reference data usage & spend.
Data, data, data - legal firms have known for some time how important data is in order for their firm to make educated decisions on subscriptions, compliance, spend and to streamline workflows to name just a few. However, the capturing of data alone is insufficient. Without ensuring the correct data has been collected, and that it has been correctly structured and properly analyzed, it will be of no use. How can firms ensure they are making data driven decisions and gaining the most valuable insights?
Surging growth in the cost and complexity of market data combined with an insatiable demand for experienced talent is prompting financial firms to seek an alternative model to manage their market data inventory.
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