Admin Services

DART Data Management

DART Data Management is a managed service provided by a partnership between two leaders in the market data industry, NYSE Technologies and Jordan & Jordan. It is designed to automate exchange and vendor reporting including Multiple Installation for Single Users ('MISU') reporting of exchange market data. The service addresses firm-specific requirements including timely and accurate reporting of exchange data use while maintaining proper audit trails, and adhering to vendor obligations.


DART Data Management Fact Sheet


Benefits

  • Reduces exchange spend
  • Eliminates vendor admin fees via direct reporting to exchanges
  • Automates MISU reporting
  • mitigates audit risk
  • Reduces vendor spend and reliance
  • Integrates DART Usage Analysis
  • Establishes a globally consistent process

Cost Savings

  • Reduces audit risk through streamlined automated processing.
  • Reduces potential under-reporting liabilities
  • Allows for automated reporting of customers' usage of exchange market data
  • Direct reporting to exchanges
  • Minimizes errors trhough transparent and repeatable reporting processes
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Time Saving Automation

  • Provides repeatable, automated reporting process
  • Automated MISU reports
  • Generates vendor and exchange-specific reports for Reuters DAD, VRXML, and TCB Data, as well as user-defined CSV/text-based reports
  • Eliminates time consuming manual process

System Architecture

System Architecture