From Financial IT:
NeoXam, a leading financial software company, has strengthened its ties with Refinitiv to provide market participants with greater choice and simplification over their data.
Refinitiv will be providing reference, pricing, ESG, regulatory and tax data sets and more, while NeoXam will be disseminating and providing quality control through its NeoXam DataHub platform. The partnership enables financial institutions to seamlessly connect to key data sources without putting additional strain on IT infrastructure.
Through the NeoXam DataHub, asset managers and other market participants can connect to new data sources in much less time and at less cost compared to legacy data management or in-house solutions. NeoXam 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.
Philipp Sfeir, NeoXam’s General Manager in the region EMEA North added: “This partnership is pivotal to help the financial industry address their pressing challenges. 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.”