This blog is part of a three-part series exploring how FOW Professional is transforming access to futures and options data and insights. In this first part, we’ll explore the fundamental shift in how FOW is making its world-class reference data more accessible. Stay tuned for the next blogs in this series, where we’ll take a deeper dive into FOW Professional’s 360-degree market view and its global reach.
In the world of finance, data is everything. For over 25 years, market-leading financial institutions and firms have relied on FOW’s specialised and standardised reference data to inform trading decisions and strategies, and support efficient end to end transaction processing, helping them stay a step ahead of global derivatives markets.
Until now, data delivery has been in the form of a bespoke service of customer-determined data feeds and formats, and associated system and workflow integrations to defined points in customer systems. However, not every financial firm or business professional needs - or wants - this level of data and service customisation, nor the resources (people, time and cost) to implement it.
FOW Professional meets this ‘needs’ gap, through a universally accessible, user-friendly portal that delivers the right data - and market intelligence - to different types of user to meet differing user needs. It is also accessible ‘on the go’ rather than access being restricted to ‘secure’ internal systems or physical locations. In an environment increasingly driven by speed and mobility, this offers a much more nimble and flexible approach to the delivery of decision-driving data.
Essentially, FOW Professional democratises access to FOW’s reference data, enriching it with industry insights and intelligence, making it easily available to a much broader and deeper audience without the need for complex system integration or deep pockets
Democratised access to the best reference data and market intelligence
At its core, FOW Professional is all about accessibility. This isn't about replacing the premium service, bespoke solutions relied upon today by the world’s leading investment banks and financial firms. These will always have their place in the FOW solutions portfolio; our established and enduring relationships with these customers are enormously important.
Rather, FOW Professional offers a way for smaller businesses - or indeed large organisations seeking an option to full-scale technical integration, independent traders and other finance professionals to tap into FOW’s high quality, intelligence-enriched data, in a more user-friendly, on-demand format.
Quality data and market intelligence is our art. FOW Professional bridges the gap between more intricate, custom-built data solutions and the everyday needs of market participants. It's designed for those who might not require a full-service, integrated system but still want access to reliable, high-quality data that can inform decisions in real-time.
"You don’t need to be a data scientist or deploy a team of developers to benefit from the FOW platform," explains Kaan Croarkin. "Anyone, from a product manager to a sales executive, can quickly find the data they need without complex permissioning or system (and database) navigation."
This ease of use makes FOW Professional a valuable tool not just for traders and analysts, but for all finance industry professionals.
Interested in seeing for yourself how this new platform is going to help unlock the power of reference data? Register your interest to gain early access to the platform.
Continue reading in the next blog, where we discuss how FOW Professional offers a 360-degree view of global derivatives markets and how it supports smarter trading decisions.