Initial Assessment
Free Market Data Assessment | Find Hidden Cost Savings
Wondering if you’re overpaying for market data? At Market Data Answers, we offer a free initial assessment to uncover hidden cost savings, identify compliance risks, and highlight opportunities to streamline your vendor contracts.
What You’ll Get
Our free market data assessment includes:
· A review of current vendor contracts and fees
· Identification of duplicate or unused services
· An overview of potential cost savings
· Guidance on compliance with vendor and exchange rules
Why It Matters
Market data costs are rising fast, and many firms don’t realize how much they’re overspending. Our assessment gives you clarity and actionable steps—with no obligation.
Trusted Expertise
Led by industry veteran Scott Villa, with 30+ years in financial services and a decade dedicated to market data management, we bring unmatched experience in cost reduction, audits, and vendor negotiations.
Request your free market data assessment today and start finding hidden savings.
Cost Assessment Process
MDA’s Initial Assessment Package includes our comprehensive Market Data Cost Saving Analysis, Contract Rationalization and Vendor Invoice Reconciliation.
1. Review
MDA will conduct our Contract Rationalization process, in which we review your existing spending with all of your market data vendors and collect all of your data. We will get to know the nuances of your organization and sift through all of your contracts and invoices for anything market data related from reporting, to billing, to procurement, to identity any inefficiencies that may contribute to your market data spent.
2. Analyze Data
MDA will perform invoice reconciliation; the process of comparing what you spend to what you need. We will identify redundancies in data spread out across multiple vendors and consolidate contracts to reduce cost.
3. Diagnose Costs
After completing our data analysis, MDA will provide a summary of all of our findings, including recommendations on how to improve your market data management to lower your costs.
FREE QUOTE METER AUDIT INCLUDED WITH INITIAL ASSESSMENT PACKAGE
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FREE QUOTE METER AUDIT INCLUDED WITH INITIAL ASSESSMENT PACKAGE 🎉
BONUS OFFERING:
FREE QUOTE METER AUDIT
Who doesn’t love an audit? For Quote Meter audits, the exchanges require that any client utilizing real-time CTA or Hong Kong Exchange data perform an audit on a per quote basis, thus requiring the review of a quote meter. These audits occur on a Biennial basis (every two years). MDA will assist you with these audits and make sure you are exchange compliant completely free of charge.
Are you new to the per quote data game? Clients that are new to utilizing per quote data require an audit within 90 days. Thankfully, MDA will confirm and assist in providing guidance in setting up your quote meter, making you more than compliant with the overtly specific exchange policy. MDA will go through the policy, to confirm your quote meter is acting in agreement with that policy. MDA will also teach you how to approach these audits in the future and will help provide you with a profound understanding of this exchange policy.
This Service is free of charge, contingent on your use of ANY of MDA’s other services, including but not limited to the initial assessment package.