Overview:
BIQH market data processing

BIQH market data processing steps

Hover over the visual below to explore the key processing steps within the BIQH Market Data Platform.

Or download the full overview for a detailed explanation of all processing steps and data categories.

BIQH MDP Market Data Processing Overview

Data Sources

All market data feeds that enter the BIQH Market Data Platform.

Bulk Files

Large scheduled deliveries of market data containing many records and data fields.

Request / Response

On demand retrieval of specific market data through a request and response interaction.

Streaming

Continuously updating market data.

Input Rules

Rules that control how incoming market data enters the platform.

Fetching

Defines what market data is collected and when it is collected.

Cascading

Defines the order in which market data vendors are used.

Silver Copies

The first structured representations of market data inside the BIQH Market Data Platform.

Validation Rules

Checks that confirm whether market data is correct, complete and usable.

Business Validations

Checks that assess whether market data values make sense in a business context.

Technical Validations

Checks that confirm whether market data is structurally correct and can be processed safely.

Import Rules

Rules that define how market data moves from the Silver Copies into the Golden Copy.

Business Rules

Rules that shape and enhance market data before it becomes part of the Golden Copy.

Calculations

Creates new market data values based on existing raw market data.

Derivations

Creates new data fields derived from the available market data.

Enrichments

Adds missing or supplementary market data where required.

Overrides

Corrects market data values that have been identified as incorrect.

Golden Copy

Harmonised market data that acts as a single version of the truth for a downstream system.

Output Rules

Rules that prepare market data from the Golden Copy for delivery to downstream systems.

Merge Strategies

Rules that define how market data from different market data vendors is selected for use.

Formatting

Defines the structure and layout of the market data that is delivered.

Delivery

Controls how the market data is made available to downstream systems.

Consumers

Systems and applications that make use of the processed market data.

Import Configurator

Configures how market data enters the Silver Copies and moves through to the Golden Copy.

API

Provides market data from the Golden Copy to downstream systems.

Admin

Manages configuration and compliance settings for market data distribution.

Data Steward

Reviews and manages the quality of market data in the Golden Copy.