AMERICAN FINANCIAL TECHNOLOGY AWARDS: Best Data Management Initiative: Knight Capital

In order to drive profitability and improve its sales effort, Knight Capital officials decided to leverage data contained within the firm’s millions of daily trades and serve it up via its web-based Knight IQ system to various consumers throughout the enterprise. By accessing this data—profit and loss (P&L), exchange fees, terminal fees, client segments, and “internal” costs like salaries and facilities use—Knight employees can compare costs from product introductions against revenues to learn