Market data spend management · for finance, procurement & operations
Enterprise spend management,
for market data.
Enterprise spend management for market data means one accurate, allocated view of what every vendor feed costs and who it is for. Marketdata.ai pulls contracts, invoices, and subscriptions into a system of record, allocates each cost to the desk that incurred it, and surfaces the spend you cannot justify — before the renewal, not after.
What it does
From total cost to the desk that incurred it
Total-cost visibility
Every market data cost in one view — by vendor, department, and user — reconciled against invoices, so the number finance sees is current, not a quarter-end estimate.
Allocation and chargeback
An expense allocation system that ties cost to contracts, products, users, and legal entities, so chargebacks come from the record instead of a spreadsheet rebuilt each month.
Spend optimisation
Surface unused entitlements, overlapping subscriptions, and renewals coming due, so the spend you cannot justify is visible before the invoice, not after.
Reporting for the CFO
Multi-currency reporting a group can consolidate, with the workings behind every figure — the defensible view a CFO can take into a budget review.
Why it matters
You cannot optimise what you cannot see
Market data is one of the larger line items on a trading floor, and one of the hardest to pin down. Subscriptions accrete across desks, contracts renew automatically, and the same data is often bought twice through different vendors. By the time the cost reaches finance as a single number, the detail that would let anyone question it is gone.
Spend optimisation depends on getting that detail back: unused entitlements you are still paying for, overlapping feeds, and renewals approaching before anyone has reviewed the usage behind them. Marketdata.ai keeps the cost and the usage together, so the questions worth asking are visible while there is still time to act on them.
Part of the platform
Spend sits on the system of record
Market data management
The single record of contracts, cost, and allocation that spend management runs on.
Market data compliance
Prove entitlements and usage rights while you optimise the cost behind them.
Data rights & usage
Reconcile usage to entitlements so you cut cost without cutting something in use.
Spend management, answered
What is enterprise spend management for market data?
Enterprise spend management is the practice of getting one accurate, allocated view of what an organisation spends — here, on market data. For a bank or asset manager that means every vendor contract, invoice, and subscription tied to the desks and entities that use it. Marketdata.ai replaces spreadsheet tracking with a system of record so spend is visible, allocated, and optimisable rather than reconstructed each month.
How does Marketdata.ai allocate market data costs?
Marketdata.ai works as an expense allocation system: it ties cost to contracts, products, users, departments, and legal entities, so you can allocate by desk, project, or entity and split shared subscriptions across the teams that consume them. Chargebacks are produced from the record, with the workings kept for finance to defend.
How does spend optimisation work?
Optimisation starts with visibility. Marketdata.ai surfaces unused entitlements, overlapping subscriptions, and upcoming renewals against actual usage, so you can question or cut the spend you cannot justify before a renewal locks it in for another year. The judgement stays yours; the evidence is on the record.
Can Marketdata.ai report market data spend in multiple currencies?
Yes. Marketdata.ai supports multi-currency reporting, so a group with entities in several countries can consolidate market data spend into one view without rebuilding conversions by hand.
How is this different from a general procurement or FinOps tool?
General spend tools are not built for the shape of market data — vendor entitlements, subscriber counts, exchange feeds, usage rights, and per-application licensing. Marketdata.ai models those directly, so allocation and optimisation reflect how market data is actually bought and used rather than a generic cost line.
See every market data cost, then cut it
Start free, no credit card. Signup includes a Production account for real setup and a Demo account for safe exploration.