After the merger of two European banks the implementation of a new market and reference data repository didn’t succeed. Because of this it was decided to fall back on Bank B’s repository system to feed applications with static data, corporate actions and pricing data.

However, over time a myriad of applications and sub-applications were fed by this “old hat” system. The bank was missing the complete overview of interfaces, business requirements and subscribers (end users).

At this point Screen Consultants was asked to take over. Main tasks were to bring in market and reference data knowledge, streamline processes, conduct business analysis, document business requirements, create “use cases” for development input, test the new data management solution and its interfaces, stop the “bad press” and bring the project “up to speed” again.

The result after 8 months of hard work: all main subscribers were brought to production, the project team was scaled back to a few members only and the Screen consultants business analysts could step back.

To download a fact sheet outlining this project in more detail, please click here

On April 5th, 2011 the first D-A-CH Congress for Financial Information (DKF 2011) took place at the Hotel Sofitel Bayerpost in Munich, Germany. DKF 2011 is a joint initiative of Screen Markets, financial.com AG, and IDS GmbH. 

On September 29th, 2011 the Screen Group was present at the Screen Event Amsterdam 2011, which already was the 19th products and services event for the European professional financial services community.

For an online impression of the events please visit:

Screen Consultants has been hired as project manager to analyse the Asset Manager's current situation and propose changes to be implemented, leveraging from its extended knowledge of derivatives, portfolio management software and operational procedures. As part of the project Screen Consultants will liaise between the client and the vendor to ensure the appropriate configuration, new design and implementation of additional modules.

24 September the annual Screen Event in Amsterdam, hosted by Screen Consultants, took place. Theme of one of the panel discussions was 'Market Data Management Post Credit Crisis'. Four European market data specialists gave their views on market data management practice.

This panel discussion dealt with issues such as market data audits, market data quality, vendor relationships, market data management on a global basis, market shares, and more.

For a wrap-up click here to read more >>

Screen Consultants and PricewaterhouseCoopers Belgium have developed a Competence Centre which focuses on all aspects surrounding Dealing Room activities in Belgium. This joint offering leverages 20 years of experience in more than 500 projects for 300 clients worldwide.

The combined expertise of both companies will support Financial Institutions, Corporate and Energy companies with knowledge, tools & methodologies on large transformation projects or specific assignments related to their front through back-office environment. Due to this unique positioning and global presence of both companies a complete scope of services can be delivered from advisory over tax towards audit related services, relying on an international network of certified experts.

To download a fact sheet explaining this joint offering in more detail, please click here

As part of a global review, Screen Consultants analyzed the market data usage and spending to identify potential cost reduction opportunities. As part of this assignment we reviewed market data vendor contractual obligations, including termination and renewal dates, usage requirements (including under- or non-utilized products) and non-essential market data permissioning. Part of the project was to provide the client with comparable vendor product comparisons for required data products.

The result was that the client had a clear overview of his potential annual savings based on viable market data alternative products, permission reduction, contractual negotiation and process optimization.

Screen analyzed the market data usage of over 50 applications in Europe and identified under-reporting for several applications, potentially costing millions of dollars. Screen recommended remediation activities and reduced on-going liability by over 50%. This is possible by identifying application users with access to unnecessary exchange market data.

Screen is hired to analyse the market data spend to realign management of certain categories of market data services, leveraging existing market data management software and administration personnel and setting up procedures for efficient and ongoing maintenance. As part of the project Screen will liaise between the client and its vendors to ensure appropriate routing of invoices and new design and implementation of ongoing procurement procedures to ensure ongoing inventory maintenance.

Assisted client with the management of an audit performed by a major European exchange. Deliverables included reviewing client market data desktop and applications usage, reviewing exchange agreements covering the audit period and assisting the client with replying to exchange audit findings. As a follow up project Screen will assist the client with his financial reporting position for the audit period and participate in face-to-face meetings with exchange personnel and auditors.