Market data cost & contract management
A renewal approaching, an invoice to reconcile, a declaration due, a budget to build. Marketdata.ai sees it coming and prepares the work, so your team starts from a finished draft instead of a data dump or a blank spreadsheet.
The only free tier in the industry. Set up in minutes, no credit card. Dropping in your first contract is a great way to see what happens. Signup includes a Production account for real setup and a Demo account for safe exploration.
Why market data is hard
Contracts are written to resist comparison. Invoices arrive in formats built for anything except reconciliation, and the licences themselves define usage in terms only a specialist can parse, with definitions that shift at every renegotiation. Buy ten laptops and you know exactly what you own. Buy a real-time feed with derived-data rights across three legal entities, and you need an expert to tell you what you just signed.
One function carries all of it: keeping the entire firm compliant with terms most colleagues have never read, and translating between vendors who profit from complexity and users who just want the data. The same team controls costs that finance can't see and procurement can't benchmark. That is skilled work, and most of it disappears under administration.
Our point of view
Most firms still staff it like back office. Yet the role runs on things software can't hold: the knowledge of what every licence actually permits, the vendor relationships built over years, the judgment to know when a renewal is leverage and when it's a trap, the standing to tell a trading desk no. The software's job is to protect that time. Marketdata.ai keeps the records accurate and automates whatever repeats, and it prepares each next step so the team's hours go to the work only people can do.
Document inbox
Every account gets its own inbox address. Forward any invoice, contract, or statement (attachments and all) and it lands in your inbox as structured, reconciled data: line items, amounts, matched to the right contract. No uploads, no manual entry.
How it works
Everything starts with an accurate inventory, kept current by the system itself. Documents of any kind (contracts, invoices, HR files, vendor user lists, renewal and order forms) are forwarded once and land as structured, matched data, with a human-in-the-loop check wherever you decide one is required. From there, Marketdata.ai knows what's coming and preps it.
Long before the notice period, the pre-renewal picture is ready: the current costs and how the contract is changing, plus whatever the vendor is proposing. The business reviews and decides through Front Desk* (renew, change, or accept) and the outcome flows through to every report with the correct effective dates.
Forward it to your account's own inbox address. Clean matches pass with no human touch. A variance comes back as a precise call to action instead of a research project, and the system gets better with every cycle.
Usage declarations follow the data provider's format, not yours. Templates for major exchanges are predefined and the monthly files are generated from the inventory you already maintain.
HR roster and identity feeds turn personnel change into inventory action. Joiners can have orders raised before day one, movers are flagged when their department changes, and a leaver's licences come with cancellation advice that has already read the contract.
Dashboards and cost insights surface what moved (price changes, people moves, and allocation shifts) so the month-on-month conversation starts from evidence instead of archaeology. Budgets reconcile in-year against the same system of record.
Whatever comes next, the data is already in shape for it, and the first draft of the work is already done.
What's inside
The AI gets the attention; the engineering does the heavy lifting. Every module below runs on infrastructure designed this decade: changes carry effective dates, past and future, and calculations stay current rather than waiting on overnight batches. The whole record set is reachable over API. That foundation is what makes the automation dependable.
Checks agreements against what should be in them, DORA included, instead of only extracting what the vendor wrote.
Allocation down to user level with inherited cost centres; spare and unallocated licences tracked, with live recalculation rather than overnight batches.
Line-level matching with explained variances, and a comment on the audit trail whenever a difference is accepted, so the system stays the source of proof.
Next year shaped from captured contract terms and trends, then reconciled in-year against actuals at the level finance needs.
Month-on-month views plus exchange declaration templates, with dashboards that surface the next actions for that part of the job. Structured data flows out through API, datasets, and MCP.
Demand and approvals routed through the org structure, with compliance gating before a non-compliant order becomes inventory, and self-certification campaigns included.
Personnel change turned into inventory action from HR roster and identity feeds, while the moment is still warm.
Pre-mapped vendors · HR, ERP & identity Pre-mapped vendor and exchange products (Bloomberg · LSEG · FactSet · S&P · ICE · CME) and imports from the HR, ERP & identity systems that already hold your people and org structure.
The people you answer to
Finance, procurement, business users, and compliance each get a view that starts from the answer they need, not a data dump they have to rebuild.
Month-on-month views and budget versus actuals straight from the system of record, with invoice statuses that drive the next payment step.
Walks into a renewal with the picture already built: spend history, contract shape, vendor increases, and the business's own feedback collected before the notice period.
See every contract they're exposed to in Front Desk*, with the latest terms and upcoming dates, and order within their profile from any device.
Agreements are checked at intake against what should be in them. Every accepted variance carries a comment on the audit trail, and declarations come out in the venue's own format.
AI where it solves the problem
AI reads the documents, structures the invoices, explains the variances, and preps the next step, on top of a data model built to carry it. You see the results everywhere and the label almost nowhere.
AI
Forward it once, it files itself. Contracts, invoices, HR lists, renewal forms: everything lands as structured, matched data.
AI
Ask about a contract term or a cost driver and get the answer in context, without leaving the workflow.
AI
An MCP endpoint connects Claude, ChatGPT, and other clients to live, account-scoped cost and contract data. One click, and your access rules still apply.
AI chat sidebar
Ask for cost drivers and contract details without leaving the workflow.
Clear for humans. Structured for AI-assisted research.
Researching software with ChatGPT, Claude, or Perplexity? We publish machine-readable documentation, including our public pricing page, so your AI assistant can accurately answer questions about plans, features, security, and APIs.
Who you're working with
The software automates the administration. It does not replace showing up. We build long-term partnerships and listen before we configure, and the measure we hold ourselves to is whether you reach the goals you bought the software for. Transparency is where a partnership starts, which is why our pricing is published on this website for everyone to see, before a single call.
“I have been building software in this industry since 2001, long enough to know what works and what quietly rots a system until every change takes a quarter. Marketdata.ai is my answer to that: innovate where it matters and simplify everywhere else, so the software lasts and delivers value from day one.”
Enterprise trust
Marketdata.ai is designed for financial-services workflows where invoice accuracy, vendor accountability, auditability, and enterprise controls need to coexist instead of competing for attention.
Enterprise SSO (SAML 2.0 & OpenID Connect) with SCIM provisioning, tenant isolation, compliance documentation, and access patterns designed for teams at regulated firms.
EU-hosted primary infrastructure with AI processing aligned to EU-first sub-processor choices.
Track vendor costs in native currency and consolidate them accurately for finance, procurement, and reporting.
Common questions
A cost and contract management system for market data. It captures what a firm has agreed with its vendors and who holds every licence, with far less effort than usual, and then prepares whatever needs to happen next: the renewal, the reconciliation, the declaration, the report.
Most tools in this category record what happened, and the effort goes into capturing that data rather than using it to create value. Marketdata.ai inverts that: capture takes far less effort, and the system spends the rest preparing what happens next.
Migration is where the foundation pays off first. The data structure is built to hold history, so your historical data moves over with its dates intact, while document intake reads the agreements themselves and keeps every relevant detail captured and current. And if you would rather not run the move yourself, we offer it as a guided implementation project: we load your contracts, invoices, and history with you, and you verify the result before switching over.
Marketdata.ai publishes pricing in full, including the free tier, at https://marketdata.ai/pricing: monthly list prices for every tier, with contract length selectable before you commit. Signup includes a Production account for real setup and a Demo account for safe exploration.
On EU-hosted infrastructure with EU-first sub-processors, under Dutch law. Details at https://marketdata.ai/european-infrastructure, with the full documentation available for download after account creation.
Yes. Marketdata.ai exposes a Model Context Protocol (MCP) server at /mcp that works with claude.ai connectors, Claude Desktop, ChatGPT, and other MCP-compatible clients. Connect with one click via OAuth (you approve which account the AI may access) or with a Bearer API token. AI agents can list vendors, query contracts, analyse cost trends, and chat with business intelligence, all scoped to your account. MCP access is available on Professional plans and above.
See it with your own data
Most providers in this space won't show you the product without a sales call. Many won't even publish a price. We do both. The free tier has no trial clock and covers the daily core: contract intake, invoice matching, allocations, and the AI that reads your documents. API and MCP, SSO, and Front Desk are on the paid tiers, with their prices published too. Set up an account in minutes and run it on your own; dropping in a real contract is a great first step. Prefer company? Book a walkthrough and we'll do it together.
No credit card. Production account for real setup, demo account for safe exploration.
* Front Desk is part of the Enterprise Plus plan.
Quick answers
Public info only, not your account
Prefer a person? Reply with your work email and we'll follow up.