DataBP Announces Selection By EuroCTP To Support Licensing Administration For Its Consolidated Tape Initiative

DataBP, a leading provider of licensing and commercial management solutions for financial market data, has been selected to support EuroCTP in the administration of its licensing process as part of the EU’s Consolidated Tape initiative.

This collaboration marks a key milestone for DataBP and will help facilitate EuroCTP’s work to provide a simple, user-friendly and efficient framework for accessing consolidated pre- and post-trade data across European markets.

Mark Schaedel, CEO of DataBP, said: "We are proud to support EuroCTP in this critical infrastructure initiative in Europe. Consolidated tapes set a new standard for market data administration. We are thrilled by the opportunity to support EuroCTP in the delivery of a streamlined and scalable administration function to support the success of the European Consolidated Tape.”

Eglantine Desautel, CEO of EuroCTP, added: “DataBP has a proven track record in facilitating market data administrative processes. Their experience and wide adoption makes them the preferred choice to assist EuroCTP in providing easy-to-use market data access solutions.”

The partnership will focus on digitising onboarding and licensing workflows, ensuring accurate entitlement tracking, and providing data users with clear, efficient access to the shares and ETFs Consolidated Tape.