Reducing Data Purchase Costs
Market and reference data are not optional inputs to firms today. Data content is critical and needed right across your organization. A lot of time, effort and money goes into your data operations. And of course, everybody suspects the same thing - they are duplicating data purchase costs as the path of least resistance to keeping operations running. TAPMaster gives you the tools to tackle the labyrinth of data acquisition. Providing a single, coherent view onto all your market data content, TAPMaster eliminates switching costs between data sources. With sophisticated administration tools built in, you can get an insight to what source provides what content and who is using it. Armed with this information, and a single platform to acquire and manage your data content, you're equipped to start seeing where you can win cost savings without interfering with your business' smooth running. Better still, TAPMaster gives you the tools to manage your vendor relationships in a proactive manner. Monitoring and reporting provides the information you need to evaluate your data sources and set benchmark metrics. And if you need to substitute one vendor for another, no problem. As all the data shares precisely the same data model, you can make the changes you need to keep your costs under control. |