The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Screen Upgrades INFOmatch Index Licensing Module to Boost Transparency, Control

Screen INFOmatch is planning to release an upgraded version of its eponymous market data inventory system that supports cost and contract management in mid-December. The new version will focus on index licensing with the provision of tools for improved management and increased transparency.

Peter Fruitema, CEO of Screen Group, a financial services solutions company that includes INFOmatch, says: “Index licensing was not a topic two years ago, but now it is a constant buzz in the financial services industry as there are big issues for firms around licence management. There is a lack of control of search and filtering, and many firms don’t have a view of all the indexes they license and which firms are providing them.”

He adds: “There is also confusion over index families, perhaps which indices are included in a family and how they are licensed. Then there are issues of technical delivery, and permissioning and entitlements. As firms buy more and more index data, spending millions of dollars a year, the need is to improve management of the data, its costs and contractual conditions. It is also necessary to report to the business on the use and cost of index data.”

In response to the increasing complexity and cost of index licensing, INFOmatch has built on its ability to track and manage contracts, vendors, exchanges, data providers and their users to deliver an index licensing solution including functionality to manage index families, price internal and external use, and manage licence types covering both structured products and custom built indices.

The upgraded version of the INFOmatch index licensing module develops an initial version that was introduced last year. Rather than using traditional manual or spreadsheet methods to manage licenses, INFOmatch offers a database solution with a graphical user interface and tools to control licensing.

“The new version of the module is a step forward in transparency,” says Fruitema. “It allows users to see the constituents of index families and build up a view of licences and their costs, and who is using which indices. It also provides a view of terms and conditions, and includes a reporting function. The benefits include greater transparency of index licensing, cost and time savings, and better support for regulatory compliance.”

Related content

WEBINAR

Recorded Webinar: Getting ready for Sustainable Finance Disclosure Regulation (SFDR) and ESG – what action should asset managers be taking now?

Interest in Environmental, Social and Governance (ESG) investment has exploded in recent years, bringing with it regulation and a requirement for buy-side firms to develop ESG strategies and meet disclosure obligations. The sell-side can help here by integrating ESG data with traditional financial information, although the compliance burden remains with asset managers. The EU Sustainable...

BLOG

Trustworthy AI in Capital Markets

By Shameek Kundu, head of Financial Services at TruEra. The use of Artificial Intelligence (AI) is growing in capital markets. But the sector has work to do to capitalise on investment made, and this starts with making AI and machine learning (ML) models robust, transparent and fully accountable. Ensuring AI quality will be critical to...

EVENT

RegTech Summit London

Now in its 6th year, the RegTech Summit in London explores how the European financial services industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Trading Regulations Handbook 2021

In these unprecedented times, a carefully crafted trading infrastructure is crucial for capital markets participants. Yet, the impact of trading regulations on infrastructure can be difficult to manage. The Trading Regulations Handbook 2021 can help. It provides all the essentials you need to know about regulations impacting trading operations, data and technology. A-Team Group’s Trading...