Interface between TickVault* financial big data platform and DataBP advanced billing and contract management provides simplified managed access to licensable financial data.
New York, NY and Montreal, Canada, March 27, 2017 — DataBP, a provider of enterprise SaaS technology suite and services for market data administration and business processes, and TickSmith, a leader in Big Data applications for Capital Markets, today announced they are collaborating to provide exchanges and data vendors with integrated solutions to manage and distribute financial data.
“Customers expect instant access to data they have licensed,” said David Cote, COO of TickSmith. “Exchanges that have implemented our data management solutions together with DataBP’s subscription services can distribute all their historical data and content using modern channels such as online store, REST APIs and secure file transfer.”
“DataBP offers tools that empower innovation while facilitating the business processes to properly manage valuable data from exchanges and data vendors,” continued Brandon Baker, Principal at DataBP. “Our interface with TickVault* ensures that TickSmith’s data management and delivery are seamlessly integrated with DataBP’s client on-boarding, licensing, compliance, approval and billing processes.”
As part of their partnership the two firms have created programmatic interfaces and APIs between TickSmith’s TickVault* data platform and DataBP’s enterprise SaaS technology suite. For firms with financial data to distribute, this integration between complementary solutions can automate all steps from client on-boarding to data processing and delivery.
With its experienced professionals, superior technology, and comprehensive operations, DataBP streamlines and modernizes data administration. DataBP provides industry best practices gathered from two decades of experience working on behalf of exchanges, vendors and service providers. Its services include Data Product Administration with proprietary software and services for operating a data business. DataBP also offers Redistributor Admin, a solution providing vendor of record, compliance, on-boarding and reporting for data distributors.
TickSmith, with its TickVault* platform based on Hadoop technology, is a leader in big data applications for the brokerage ecosystem and financial services. TickVault* is used for data centralization and distribution, market surveillance, strategy discovery, and analytics. It is ideal for trading and risk groups, regulators, exchanges, and data vendors who need to accumulate, transform, analyse, and disseminate larger volumes of financial data from multiple sources.
*Our TickVault Platform is ever evolving and is now called the GOLD Platform.