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

Upcoming Webinar: From Data to Alpha: AI Strategies for Taming Unstructured Data

Date: 16 April 2026 Time: 9:00am ET / 2:00pm London / 3:00pm CET Duration: 50 minutes Unstructured data now accounts for the majority of information flowing through financial markets organisations, spanning research content, corporate disclosures, communications, alternative data, and internal documents.  While AI has created new opportunities to extract signal from this data, many firms...

BLOG

UK Equity Consolidated Tape and EU MiFIR – Two Data Regimes, One Control Problem

The UK’s proposed equity consolidated tape is framed as a response to long-standing fragmentation in equity market data. By aggregating post-trade information and an attributed best bid and offer across trading venues, the tape is intended to provide a single, standardised view of UK equity trading. At the same time, transaction reporting under the Markets...

EVENT

Data Management Summit London

Now in its 16th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

The Reference Data Utility Handbook

The potential of a reference data utility model has been discussed for many years, and while early implementations failed to gain traction, the model has now come of age as financial institutions look for new data management models that can solve the challenges of operational cost reduction, improved data quality and regulatory compliance. The multi-tenanted...