BIQH’s 3-step approach
Untangle your Market Data Spaghetti and gain greater control over your data and compliance processes without changing everything at once. BIQH adapts to your existing landscape, minimising the impact on your IT environment and scarce resources as you modernise step by step.
Start small with the BIQH Enterprise Data Management Platform
Start with one application and one feed, with little or no immediate change to your existing environment. This lets you gain visibility and control while limiting disruption to downstream systems. Even with a single data source, you benefit from validation, mapping and a vendor-independent golden copy.
Key benefits from the start:
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Increased visibility Instant insight into market data usage across your organisation.
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Data validation Validated from the start to ensure reliability.
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Golden copy Vendor-independent and consistent for accuracy and control.
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Authorization & usage statistics Clear rights management and usage tracking.
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Mapping & linking Map and link data from different sources into a consistent data model.
From complexity to control
in 3 steps
Step 1: Consolidate your data needs
Goal: Ensure market data compliance and quickly gain control over your market data flows.
We provide a complete view of your current data landscape and dependencies before consolidating your data sources onto a single platform. By preserving existing interfaces and delivery schedules where needed, BIQH minimizes disruption while creating a more efficient, governed, and future-ready data foundation.
Benefits:
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Improved data accuracy and quality
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Reduced redundancy and inefficiencies
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Stronger compliance with data vendor policies
Example: Consolidating Bloomberg, LSEG and Morningstar into one central database to to simplify connecting with data vendors.
Step 2: Upgrade your data interfaces
Goal: Save operational expenses and increase vendor independence.
We analyse your current usage and data fields, then upgrade the interface between the BIQH Enterprise Data Management Platform and your downstream applications. Data fields are normalised across sources, so you can request everything through one consolidated feed (API). During the transition, the mimicked interfaces from Step 1 remains available for continuity. Business rules are centralised and applied consistently across your organisation.
Benefits:
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Increased operational efficiency and reduced manual errors
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Enhanced ability to adapt to new data sources and regulations
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Lower operational expenses through streamlined management
Example: Consolidating request files from downstream applications, enabling deduplication of unnecessary requests at data vendors.
Step 3: Unify your data consumption
Goal: Future-proof your market data governance.
We process and normalise your own naming conventions and identifiers for for financial instruments and their issuing entities. Next, we rescale data formats and values to ensure consistency across downstream applications, creating one single version of the truth. Internal identifiers are linked with authorised external symbols, so data can be requested in a vendor-independent way, regardless of differing external symbols.
Benefits:
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Consistent data quality across departments and applications
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Future-proof data governance and compliance
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Reduced dependency on specific data vendors
Example: Standardising data identifiers across the organisation so all systems request and receive consistent data.
Get in touch with BIQH
Want to explore our 3-step approach? Book a demo, start small with one vendor or application, or simply join us for an online coffee chat.
Market data consumers should be flexible in choosing whichever data source they wish to use.
Bernard Schut
Business Director