Analysis and Optimisation
Full-Service Market Data Management
Need for action:
The practice of market data management: risky and costly?
Maybe you already suspect it, maybe you already know it: the current status of market data management has imperceptible risks. The necessary attention that this area needs often loses out to the business of daily business operations and is not given the requisite care due to ever faster technological advancement and regulatory requirements. The user agreements of data providers and stock exchanges need to be checked, internal compliance rules have to be applied, new requirements from specialist departments should be tested prior to implementation and release changes and updates of essential applications should be checked. Add to this: bad processes or undocumented processes, a historically grown contract management with contracts which are not known to purchasing, contract department or the legal department. And all of this ought to be handled by an ever smaller team…
Lack of resources
Specialist legal, professional and technical skills are needed to carry out market data management without any issues. However, it can sometimes be impossible to provide the necessary capacities and have access to the necessary knowledge at the right time in addition to actual business operations. Still, this work has to be done too, since inadequate market data management can involve significant risks!
dacoma A&O Services
Our daily business is to plan, implement and operate market data solutions. We provide you with the necessary knowledge and staff to bring your market data managements up to date with regards to contract management, data management and requirement management. We bring the experience gained in over 100 project years to the table.
As the name suggests, our service is split in two sequential parts: A – we initially analyse the current status and needs in detail. O – the next step is to carry out optimisation measures which are based on this analysis. These measures are planned with you and implemented for you.
Our experienced consultants record, structure, analyse and document the status quo in your business using a maturity model:
Maturity model with 3 dimensions:
- Contract management
- Data management
(display and non-display user)
- Requirement management
Four steps to more clarity.
The implementation of the analysis results is performed according to an established procedure model:
Once the A-to-O project has been completed successfully, we provide you with a process-oriented environment which allows you to sustainably check your market data management.
We are happy to provide you with an ongoing service to manage and maintain the status quo. Please ask us for more details.