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Data Management

Data cost optimization

Data management use case

Complete data cost management

Gresham’s Prime EDM product features data cost optimisation functionality

Short description on what these are or why they add value etc.

Monitoring data costs

Financial services firms face a triple challenge: efficiently onboarding data sources, ensuring regulatory compliance, and managing data costs amidst complex commercial models and licensing agreements. With $42B total global market data spend in 2023 and a 12% increase from the previous year, our solution provides critical transparency and control over data consumption and usage.

Tracking consumption

When a consumer requests data, our system logs the request and checks if it can be serviced within specified conditions. If not, it's requested from external sources. All vendor requests, costs, and internal allocations are transparent. Requests are checked against limits, with alerts for threshold breaches.

The need for transparency

Complex licensing agreements often include factors such as number of end-users, use cases, downstream systems, geographies, and individual field-level details. With 100's of financial products used, there are inevitable complex licensing policies and transparency challenges. Our solution provides clear insight into data flows, ensuring decisions and data points can always be explained for risk valuation, operations, compliance, or post-trade reporting.

Data management, made simple

Related products and services

Explore our other product applications to find the right solution for your business

Connect Cloud Message Services
Connect Cloud Regulatory
Managed data services
Prime EDM
Pulse Data

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data management use cases

Free up time to focus on more important tasks
library-books

Gresham’s Control is easy for our business users to adopt and use. The application’s controls around signoffs, designating reconciliations to different staff, and data collection have made our process more efficient and seamless, and our team more self-sufficient.

Vice President of Operations  |  Investment Management Firm

Resolve matching problems and manage data exceptions
library-books

Our recent success and go-live with Gresham’s Control Cloud and the prompt yet comprehensive Proof-of-Concept (PoC) meant the decision to expand our use to include Connect Cloud was easy.

Head of Operations Payments  |  Cash and Securities Provider

Leverage richer data whilst staying compliant
library-books

Why should any payments firm build this in-house when there is a specialist like Gresham that focuses on it exclusively? Connect Cloud really takes the pain out of message formatting and simplifies the message transformation space.

Product Manager  |  Global FinTech Company

Unmatched efficiency across the entire operations function
library-books

The solution allows us to focus on more strategic work. We are now able to manage the exceptions rather than all the manual heavy lifting we were having to do before the switch. It meant that we were able to manage a broader estate of recs ourselves without involving IT and tech experts from the previous vendor.

Operations Lead  |  Global Asset Manager

Delivering transformation and return on investment
library-books
We have significantly improved transparency and governance around reconciliation design principles leveraging some of the state-of-the-art functionalities of Control Cloud. Given the complex nature of our architecture am proud that this is one of the very few project that was steered to the finish line achieving the return on investment made.

Project Lead  |  Global Investment Bank

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