Cost Reductions

Cut Market Data Costs While Maximizing Efficiency and ROI

Market data is often one of the top five expenses for financial firms. MDMS helps reduce these costs by reviewing your data usage, evaluating contract terms, and identifying better vendor alternatives. Most clients save 20% or more within 12-18 months, with short-term 3-month assessments also available.

Market Data Costs Are Out of Control

Market data spend has exploded—rising nearly 4x faster than inflation. Left unchecked, it drains budgets, erodes margins, and exposes firms to unnecessary compliance risk. Executives know this isn’t “just the cost of doing business.” It’s a problem demanding smarter solutions.

Centralize

Organize and Consolidate Contract Data for Full Visibility

We create centralized, searchable databases that organize key contract terms, pricing details, and renewal timelines—empowering better decision-making and compliance. If your firm lacks a contract management system, we’ll build one from the ground up.

Key Benefits:

Complete visibility into all market data agreements
Organized contract terms and pricing structures
Centralized renewal timeline management
Searchable database for quick access to critical information

abstract image portraying data centralization

Prioritize

Identify High-Cost or Low-Value Data for Rationalization

Our detailed analysis of your current market data spend uncovers inefficiencies and identifies data that may no longer provide sufficient value relative to its cost.

Prioritization Focus:

Identifying highest-cost data feeds and services
Flagging underutilized or redundant data sources
Ranking vendors by cost-to-value ratio
Highlighting renewal opportunities for renegotiation

a hand stacking a wooden ball on four wooden discs

Analyze

Assess Data Usage Patterns and Contract Terms

We conduct comprehensive spend analysis that breaks down costs by vendor, category, department, and user to identify optimization opportunities.

Our Analysis Includes:

Matching invoices to specific contracts for reconciliation
Detailed spend breakdowns across your organization
Contract term evaluation and benchmarking
Usage pattern analysis to identify underutilized services

a magnifying glass on top of a financial data chart with the NYC skyline in the background

Optimize

Implement Targeted Strategies for Cost Savings and Vendor Efficiency

Using our cross-client experience and vendor relationships, we negotiate better terms and identify alternative solutions that deliver the same value at lower cost.

Optimization Strategies:

Renegotiate vendor terms using market insights
Identify alternative vendors where cost or performance becomes an issue
Eliminate redundant or underutilized data feeds
Restructure agreements for better pricing models

an abstract image of a brain composed of bits of data