Spend Dashboard
This feature provides clients with a structured, aggregated view of their market data budget, highlighting key factors such as the top 20 providers, data categories, and historical increases. The included tabs offer users a deeper, more detailed breakdown of their market data spend, focusing on:
Compare to peers
Peercost offers a powerful and valuable feature that allows clients to compare their market data costs against the average of similar peers. This comparison is based on companies of the same size, investment profile, and geographical region, providing clients with meaningful insights. By utilizing this feature, clients gain a clear understanding of what comparable companies are paying for providers, data categories, and data products. Additionally, they can assess how the historical price increases imposed by their providers stack up against those faced by their peers. This functionality is crucial for clients seeking a comprehensive view of market trends, regional data spending averages, and opportunities for cost optimization.The peer comparison feature empowers users to:
Vendor Ranking
Clients can use the vendor ranking tool to assess their providers and share valuable feedback with their peers. This feature enables users to compare their ratings of each provider with those of other companies, fostering a collaborative exchange of insights. Users can leave detailed, constructive feedback that can be shared within the peer network. As a result, clients have the opportunity to share their experiences with different vendors and offer each other practical advice on managing some client/vendor relationships.
Forum
Forum is a communication feature that creates dedicated channels for financial institutions to engage in discussions on various market data topics. Users can visit the forum to ask questions or seek advice from the Market Data community. By tagging their inquiries or issues to specific data categories, they can easily connect with other users who can provide answers or offer support on challenges. As a unique service in the industry, the Forum is designed to facilitate the exchange of information, strategies, and tips to help optimize market data budgets. Clients can share their experiences, address specific situations, and seek assistance in acquiring new market data services.Forum provides a much needed fluid communication within the market data industry,enabling collaboration and knowledge-sharing among peers.
