From The Trade:
Financial institutions will be able to connect to aggregated reference and market data sources without adding additional pressure on IT infrastructure.
Financial software company NeoXam has strengthened its partnership with Refinitiv to provide market participants with greater choice and simplification over their data.
Reference, pricing, ESG, regulatory and tax data sets will be provided by Refinitiv, while quality control and disseminating will be provided by NeoXam through its DataHub platform.
According to NeoXam, its DataHub addresses the challenges associated with aggregating and managing vast amounts of reference and market data in order to accurately manage and report financial positions.
Financial institutions will be able to connect to key data sources without adding additional pressure on IT infrastructure as a result of the new partnership.
“This partnership is pivotal to help the financial industry address their pressing challenges,” said Philipp Sfeir, general manager, EMEA North at NeoXam.
“Refinitiv’s scope, quality and connectivity of information combined with our established DataHub platform is already providing our customers with more choice. As the market landscape evolves, we will continue to support firms seeking to efficiently respond to the explosion in data volumes in order to meet their client obligations.”
