About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

TRG Secures Exclusive Rights to Distribute Vela’s DART Terminal Usage Analytics

Subscribe to our newsletter

TRG continues to build out its spend management and usage tracking business through an agreement with Vela for exclusive global distribution rights to the company’s DART terminal usage analytics. Under the agreement, TRG will provide sales and relationship management for new customers, while Vela will provide after-sales support and development, and continue to manage existing client relationships.

Earlier this month, TRG acquired Screen Group and its INFOmatch software that specialises in market data cost management and adds to the company’s FITS solution. The addition of DART terminal usage analytics continues the company’s strategy to bring together subscription expense management and usage tracking capabilities that enable clients to optimise vendor spend.

DART’s terminal usage tracking capabilities are complementary to TRG’s ResearchMonitor product that provides a comprehensive usage monitoring solution for web-delivered market data and information service resources.

Leigh Walters, chief revenue officer at TRG, says: “This enables our 300 global clients in the financial services, legal, and professional services industries to gain full transparency of their spend and usage, and allow them to optimise their spend on high-value data services.”

TRG and Vela will work together to develop the strategic direction of DART terminal usage tracking and provide integration with TRG’s enterprise spend management platforms, FITS and INFOmatch. The agreement does not cover the DART Entitlements system that will continue to be developed and supported solely by Vela.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Enhancing trader efficiency with interoperability – Innovative solutions for automated and streamlined trader desktop and workflows

Traders today are expected to navigate increasingly complex markets using workflows that often lag behind the pace of change. Disconnected systems, manual processes, and fragmented user experiences create hidden inefficiencies that directly impact performance and risk management. Firms that can streamline and modernise the trader desktop are gaining a tangible edge – both in speed...

BLOG

ICE to Provide FX and Precious Metals Data to Chainlink Network

Intercontinental Exchange (ICE) has agreed to provide foreign exchange and precious metals data from its ICE Consolidated Feed to Chainlink, the infrastructure for tokenised assets. Under the new collaboration, ICE’s market data will be used as a contributing source for the derived data sets offered through Chainlink Data Streams. These streams are used by a...

EVENT

Eagle Alpha Alternative Data Conference, London, hosted by A-Team Group

Now in its 8th year, the Eagle Alpha Alternative Data Conference managed by A-Team Group, is the premier content forum and networking event for investment firms and hedge funds.

GUIDE

FATCA – The Time to Act is Now

The US Foreign Account Tax Compliance Act – aka FATCA – raised eyebrows when its final regulations requiring foreign financial institutions (FFIs) to report US accounts to US tax authorities were published last year. But with the exception of a few modifications, the legislation remains in place and starts to comes into force in earnest...