Reduce and recover Market Data and Telecoms Costs
Our web-based market data and telecoms reporting system provides firms with actionable expense management reports as well as best practice recommendations to reduce costs and generate exchange credits (i.e. MISU) to recover spend.
Consolidate and Centralize Vendor Contracts
Consolidate multiple contracts with the same vendor under one master agreement, lower the total cost of your contracts by consolidating accounts, and implement appropriate technology to aggregate and distribute data feeds in a cost-effective manner.
Remove Non-Essential Services
Eliminate overlapping or non-essential functions from trader or investor desktops which are not actively being used.
Reduce Access Points
Share use of single online ports or removal of ports will have a significant impact on costs.
Soft Dollar Leverage
Leverage the soft dollar transactions to obtain other more needed services and thereby reduce expenditures in other areas.
Pay market data and telecoms invoices electronically and with an electronic audit trail
Customize our web-based application to charge appropriate cost centers for complex billing while automating approval of invoices from IT to Accounts Payable with electronic signature approval, email messaging, and electronic audit trail of invoice lifecycle.
Optimize contract management
Eliminate costly automatic contract rollovers with automated notification and increase compliance capabilities with an easy to use and customized reporting system for all vital contract terms.