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: Trade the Middle East & North Africa: Connectivity, Data Systems & Processes

In Partnership With As key states across the region seek alternatives to the fossil fuel industries that have driven their economies for decades, pioneering financial centres are emerging in Egypt, United Arab Emirates (UAE), Saudi Arabia and beyond. Exchanges and market intermediaries trading in these centres are adopting cutting-edge technologies to cater to the growing...

BLOG

Harnessing AI Data Driven Digital Transformation

Live from TradingTech Summit 2025 in Canary Wharf, Toby Babb sits down with Monika Fernando, Head of Global FI Client Data Analytics & Head of FI eTrading Strategy EAP at TD Securities. They dive into the real impact of AI in financial institutions—is it all hype, or are we seeing real value? Monika shares insights on AI adoption,...

EVENT

AI in Capital Markets Summit New York

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...