NeoXam has extended its partnership with Refinitiv, a London Stock Exchange Group company, to offer clients a wider range of data sourced for the first time from the Refinitiv Data Platform (RDP) that was released early last year. The data will include reference, pricing, and ESG data as well as data exclusive to the RDP such as Swiss stamp tax data.
To simplify provision of the data, NeoXam will distribute and provide quality control through its DataHub platform, which is designed to allow market participants to connect to new data sources in less time and at less cost compared to legacy data management or in-house solutions, and addresses the challenges of aggregating and managing vast amounts of reference and market data in order to accurately manage and report financial positions.
Philipp Sfeir, NeoXam general manager, EMEA North, says NeoXam is one of the first software vendors to connect to the RDP, a modern cloud-based platform providing a wealth of third-party, public, exchange, and proprietary content, as well as new approaches to analytics, technology innovation, data distribution, and cost management.
NeoXam’s addition of new data sets from the RDP is one of many data sources managed by DataHub, which takes a vendor neutral approach to data sourcing and distribution. Sfeir says more partnerships will be made to further extend the company’s services and solutions provision. He comments: “As the market landscape evolves, we will continue to support firms seeking to efficiently respond to the explosion in data volumes in order to meet their client obligations.”
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