The cost of building and maintaining a data dictionary internally requires a substantial investment in resources, both in terms of capital and time. It also creates a significant operational overhead due to the ongoing upkeep required to collate, verify and maintain the data definitions.
The
Financial Data Dictionary takes a utility approach to solving these issues, delivering an on demand data dictionary through an intuitive browser interface. It standardises, quantifies and accelerates the translation of all product documentation from all exchanges and securities data providers into a simplified and structured information portal.
The Financial Data Dictionary:
- Improves data quality by reviewing, researching and verifying vendor feed documentation to ensure complete accuracy
- Lowers costs through the removal of in-house teams dedicated to updating data definitions. It provides an interface for business groups and other users to easily look up information in a centralised mechanism
- Enhances source feed documentation to ensure the client has accurate information from data providers and updates that information as it evolves
- Delivers scalability through robust, on demand, technology
- Reduces inconsistencies by simplifying the process of integrating new data providers and feeds into the client’s environment
- Accelerates time to market due to timelier access to market data definitions and sources
