|Market Data Benchmarking|
Worldwide internal professionals are under growing pressure of market data users as their requests to the internal organisation are ad hoc, need to be addressed immediately, seem simple but are often very complex (financially, content, technical) and often relate to vendors and products that are not used (yet) in the organisation. Business request not only generate more revenue but often also result in extra costs and they have an impact on many internal departments (such as IT, procurement, support, etc).
To manage your costs, you need to know your costs....and those of others! Screen is the first and only market data consultancy to offer a market data benchmarking service, SCREENbenchmarking©, which allows you to compare your market data costs to those of your peers. Screen provides full transparency in your market data over- and under spending, including cost saving opportunities.
SCREENbenchmarking© will help you gain insight in the position of your organisation, compared to your Peer group in the industry in terms of cost, contractual agreements, services and your market data organisation. In addition, you will get firm recommendations from specialists outlining the actions which will lead to improvement. Subscribing to the service, allows you to perform benchmark analysis whenever they want, having continuous access to the updated database.
• Benchmarking reduces uncertainty with respect to market data expenditure levels
Market data benchmarking is a service for financial institutions using financial market data and information systems. Organisations typically spend huge amounts on market data in order to support investment decisions. Market data benchmarking helps financial institutions in learning about the industry’s best practises.
|Areas of Expertise