Ex-Soros’ Kerstein, Innovative Network Solutions Ally for Outsourced Data Admin Service
The service will provide a range of market data management and reporting functions on an as-a-service basis.
The service is aimed at firms with fewer than 1,000 data consumers who use Thomson Reuters’ DACS entitlements system for usage reporting and invoice reconciliation but either don’t want to manage the burden of dealing with entitlements issues themselves, or don’t have sufficient expertise to know where data is being used and whether they are compliant with their data licenses.
“The tier-one firms with plenty of [market data administration] staff are not what we’re looking at, but rather the mid
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