MedySIF

One of the main costs in financial institutions is market data cost. A reduction of these costs affects directly the income statement.

Usually, financial institutions have difficulties in:

• Finding out if their traders are actually using the access they requested.
• Knowing how often each trader uses the assigned permissions.
• Knowing if their operators could accomplish the same with a cheaper terminal.
• Having checked the renewal dates of their contracts with vendors.
• Keeping abreast of changes affecting their service contracts about market data.
• Keeping updated the inventory of services and products about market data.
• Checking the matching between the invoice and the contracted services or products.

What is MDO?

MDO (Market Data Optimization) is a set of services we offer to financial institutions to have a control of the use of the information in the dealing room as well as in the whole entity.

Market Data Optimization services are divided into two areas:

Control and optimization of real use of market data:

• Market data (exchanges fees)
• Used terminals
• Specialist services

Management, control and optimization of inventory costs of market data feeds:

• Contract management, new requeriments and cost inventory
• Invoice reconciliation
• Reports and annual budgets creation

MDO Benefits

MDO helps financial organizations to:

• Have updated information about data contracted, data consumed and their cost
• Reduce the market data costs from 10% to 50%
• Delegate tedious administrative work to experts in Market Data Management
• Enjoy full transparency of information
• Fulfill monitoring and reporting requirements of Exchanges and Vendors
• Have at their disposal clear guidelines for reducing costs before the declarations to Exchanges and Vendors
• Get analysis and recommendations aimed at optimizing feed information management and cost reducing
• Get objective information without disturbing users
• Get a continuous cost retention

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