GAIN Data Portal
GAIN Data Portal brings controlled, configurable and compliant access to Market Data by spreadsheets, or by any application from any place in the organization
Exporting data into spreadsheets is a popular way of using trading terminals, and users have often leveraged this capability to solve their daily challenges. The problem is that in most cases, exporting the data can breach the data vendor’s usage agreement. Non-compliant usages include: sharing market data in an Excel file with a colleague, or storing a snapshot of time series, or running a risk model in Excel based on fresh market data.
Increasing compliance risks
Numerous surveys show that many terminals are installed on the desks of non-trading investment functions—in risk, compliance or the back-office—hence greatly increasing the compliance risks associated with exporting data from these terminals. With the multiplication of spreadsheets, the overall volumes of data requested increase, breaching data limits in place with the data vendor, who would then typically investigate the reason of these high-volumes.
Managing compliance accordingly
In many cases, data vendors quickly identify when spreadsheets are using market data in a non-compliant way. Faced with this fact, one of our clients was obliged to demonstrate a plan to return to a compliant usage, whilst limiting the impact on daily operations. After evaluating many alternatives, AIM Software providing GAIN Data Portal as a solution, has been chosen due to its expertise in data vendor feeds, including Bloomberg Data License Per Security & BackOffice, Thomson Reuters, IDC or SIX Financial Information VDF.
Learn more about GAIN Data Portal by downloading our case study.