VendEx Solutions, Inc.

Financial services organizations face critical challenges around their usage and management of market data.

• Compliance Impact on Data Governance
  • Data usage rights are a major compliance risk that present economic and reputational risks
• Managing Material Costs
  • Market data is a significant bottom line cost, $32bn in 2019 Global aggregate spend + rising
• Managing 1,000s of Vendors
  • Market data teams are already stretched by tracking renewals, invoicing, usage, requests, due diligence etc. on top of tracking the myriad of emerging fintech
• Incumbents on Legacy Technology
  • Market data teams’ complex needs are only adequately served by incumbents
• Invoice Matching
  • Hours spent reconciling invoices from various vendors
• Information Asymmetry
  • A lack of centralized communications for vendors creates information gaps for their clients