|
Entitlements
"[NYSE Technologies'] Entitlements provides a solid entitlement system for B-Pipe™ / BPOD™, direct exchange feeds, as well as entitlements for databases. Companies will now have an ‘out-of-the-box’ entitlement solution for their ticker plants as well as their algorithmic and trading servers. Client compliance groups will be pleased to see a tamper-proof system that has intuitive and comprehensive reporting tools."
Joe Veneziano, Managing Director of JCV Investment Systems
NYSE Technologies’ Entitlements is a fully open control system that satisfies the requirements of vendors, exchanges and customers. Entitlements provides clients with the control necessary to help avoid hefty fines for non-compliance by managing user and application access to exchange fee-liable market data. .
Market Data Control
With NYSE Technologies' Entitlements clients can control and monitor user and application access to any number of market data feeds and internal data publishers. The Entitlements system enforces compliance of vendor and exchange contracts by ensuring that end users of a market data system can only access the data to which they are entitled.
Market Data Transparency
In addition to active entitlements control, NYSE Technologies' Entitlements provides extensive reporting and audit facilities, allowing customers to reduce market data costs by identifying unused or underused market data services.
Entitlements simplifies exchange and vendor reporting requirements with Audit Trail, Data-feed Access Declarations (DAD), VRXML, and Bloomberg B-Pipe/BPOD reports out-of the-box, while Optimization Reports rapidly identify under used exchange subscriptions by analyzing actual data usage, providing cost optimization and on-going cost avoidance.
Benefits
- Vendor Neutral
- Approved by international exchanges and independent auditors
- Save money based on usage/non-usage analysis
- Provides peace of mind during an exchange audit
- Native support for NYSE Technologies' Market Data Platforms, Open Entitlements API for all other platforms
- Entitlement audit trail held in secure central relational database
- Audit trail reporting on demand
- Rich entitlement & usage report set including audit reports
- Continuously maintained mapping of exchange data feed messages to exchange billable products
- Consultancy service for bespoke reports
Features
- Supports 160+ NYSE Technologies’ Feed Handler Suite
- Consolidated Feed Support – Bloomberg BPIPE/BPOD, Interactive Data XpressFeed, Reuters RDF
- Browser-based user interface with authenticated login
- Secure access to entitlements via authorized user account
- Entitlement audit trail held in secure relational database
- Scalable architecture – central or distributed management of global entitlements
- Entitlements safety features including rollback mechanism
- Concurrent access control to market data
- Dynamic entitlement updates
- Content based or Subject based entitlements
- Intuitive browser based user interface with authenticated login
- Interface to cost inventory systems FITS, MDSL, INFOmatch, BST FinOffice
- Flexible reporting formats for access declarations e.g. Excel, CSV, VRXML, VARS, BPipe, DAD
|