Calero, the leading solution for managing cost and compliance market data, announced today a new API integration and eBonding capabilities with financial technology and data provider LSEG’s Refinitiv Data Platform (Hosted). This addition delivers Heads of Market Data and other leaders much-needed automation to what was a manual process of managing LSEG entitlements.
Until now, the process for managing LSEG’s Refinitiv Data Platform (Hosted) was entirely manual, requiring phone calls and emails with LSEG Account reps or manual order entry into LSEG portals. Calero’s new capabilities automate access requests, changes, and cancellations to eliminate manual reconciliation and email-based workflows, provide real-time visibility into hosted entitlements, eliminate manual errors, and allow straight-through processing. These industry-leading enhancements provide IT, procurement, and finance stakeholders with unparalleled transparency and control.
“These enhancements represent a major step forward in Calero’s vision to eliminate manual processes from market data management,” says Alistair Brooker, Calero Vice President/General Manager. “With the LSEG Hosted Access integration, customers receive the comprehensive automation they’ve long demanded – from real-time visibility into their inventory to straight-through change processing. We will continue to provide firms of all sizes with solutions to be smarter, faster, and in more control of their data.”
Calero’s industry-leading Market Data Management (MDM) platform enables organisations to meet market data challenges around transparency, compliance, procurement, and inventory accuracy while also uncovering substantial cost savings. Many financial institutions and energy trading companies spend over $500 million annually on market data sources while dedicating significant resources to meeting heavy compliance and audit requirements as well as understanding service changes. Calero’s MDM platform helps streamline those operations.
For more information ab#out Calero’s MDM platform, visit www.calero.com/market-data-management.