With the ever increasing need for proper accounting for all data accesses and with the growing prevalence of redistributed data, it is important that firms understand the actual usage, access and contractual limitations to fee-liable and derived data among its’ user community. MAI’s Market Data Compliance Management Program helps organizations understand the issues and complexities with this access and redistribution issue and to assess and resolve any exposures that may exist.

MAI’s Compliance program assesses market data risks at the root of its’ problem – sophisticated applications delivering real-time or derived data to internal or external clients on a view, analytical or transaction basis. Utilizing our proprietary market data benchmarks, usage tools, and knowledge of user requirements / vendor contracts, we are able to comprehensively assess data and application tracking and compile a detailed risk profile, including a series of action steps to get back into compliance when appropriate.  All MAI offerings are driven by documented project methodologies that include quality planning, implementation, and ongoing maintenance of Compliance Management.

Our efforts include focusing on reducing the business risk/exposure in addition to actually decreasing monthly market data costs. The result is a cost-effective technology solution that serves as the foundation for your current and future business needs.

Optionally the MAI Compliance Management Service may include the following additional benefits:

• Identify less costly data equivalents and alternative data suppliers that reduce market data costs without jeopardizing data quality and/or time to execution.
• An audit of market data supplier invoices to ensure over billing is not occurring.
• Negotiate more favorable vendor license agreements by strategically matching license inventory to user needs.