Embracing Automation and Collaboration Tools to Inject Reference Data into the Trade Lifecycle

Firms need flexible access to the reference data required to ensure workflows can proceed without interruption. ‘One-size-fits-all’ bulk data licensing models are increasingly less fit for purpose.

Emerging solutions with the potential to decrease the cost of data and increase flexibility of access are data delivery mechanisms based on collaboration tools such as Slack, Microsoft Teams and Excel, the Symphony messaging network and OpenFin financial desktop integration platform. These tools, coupled to new commercial models, could break the traditional data delivery mould and deliver on-demand data services.

The Need

The need for lower-cost reference data delivery mechanisms and for reference data in the trade lifecycle


Finding Balance

Finding a balance between these and traditional bulk data models


Collaboration Tools

How collaboration tools can be used to swiftly deal with data quality issues


Technology Solutions

Technology solutions and services based on these types of tools

New Commercial Models

How new commercial models can facilitate reference data delivery in the trade workflow



Potential Benefits

Potential benefits of integrating new data delivery mechanisms.

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