Webinar Recording: Exchange Declarations
Recent trends, rising complexities, and knowing when to outsource
Declarations remain one of the most challenging aspects of managing exchange data usage.
No two vendors are alike, audits are on the rise, and individual exchanges continue to change account agreements, usage rights and reporting requirements.
Whether your team’s large or small, the entire declaration process can consume huge amounts of time, keep you in a reactive stance, and leave you with big questions like these:
- Are you sure you have the right data sources, the unit of count and level of detail for routine reporting or in case of an unexpected audit?
- If multiple teams in your business are handling declarations, how can you be sure you’re not underreporting or overreporting?
- Are you aware of your vendors’ netting programs and do you have the granular data you need to take advantage of them?
- Are you nervous about contacting exchanges directly about use-case scenarios to ask "what-if" questions about impact on your pricing, and risk raising flags?
- Do you understand the true cost vs. benefit of managing declarations internally rather than outsourcing them to an independent third party?
- How are you keeping track of all the changes being continually announced by your vendors?
If you have any questions, please reach out.
