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Market Data Expertise that FITS™
 
Overview
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Knowledge is Power


It's not enough to simply capture your organization's market data inventory. That effort is wasted without the proper reporting capabilities. FITS™ demonstrates TRG's focus on leveraging all of your inventory data with the most flexible, comprehensive reporting interface in the industry. You can filter and format your data any way you need it, and distribute information throughout the business effortlessly with our web-based reporting interface. As a result, your entire organization has its market data expenses at its fingertips.

High-level reports are used to focus efforts on controlling costs for an entire region or globally across an entire organization. They provide a market data group with the ability to identify opportunities for large-scale cost savings, and allow greater leverage when negotiating contracts with vendors. Lower-level reports are used to focus efforts on controlling costs within a particular division or department. Putting this type of information directly in the hands of the market data users enables them to play a vital role in controlling their own market data expenses.

FITS™ includes support to populate the Reuters e-DAD without the need to upload any reports from DACS. This simplifies and streamlines the process of reporting to Reuters, allowing all updates to be performed directly within FITS without any re-entry or double entry of user counts. You can even complete the authorization of the e-DAD using FITS. The file produced by FITS has been certified by Reuters to be compliant with their internal systems, and can be reviewed prior to submission using the Reuters-supplied e-DAD Viewer.

FITS™ also includes reporting in VRXML format. VRXML, an industry standard managed by the FISD, allows quick and accurate electronic inventory reporting to vendors and exchanges, such as the New York Stock Exchange. For more information on VRXML, please visit www.vrxml.org.

With the proliferation of open systems, more and more vendors are requiring clients to calculate and report their market data usage on a regular basis. FITS™ includes the capability to produce these reports in a format that conforms to each vendor's requirements.


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