From assessment to implementation
Market-data cost reduction
Market-data costs are difficult to challenge when contracts, actual consumption and business ownership sit in different places.
A clear view of what you buy, how it is used and where to focus a cost and governance review.
Your next step
Discuss the challenge in your business.
Who this is for
Banks, investment managers and insurers reviewing data consumption across investment, trading, research and reporting.
When to look more closely
- A material contract renewal
- An incomplete provider and contract inventory
- Unclear ownership of datasets or overlapping services
What TGGC does
- Map providers, contracts, consuming systems and business use cases.
- Question the relevance of services and review contract coverage for their uses.
- Define a practical data operating model with clear ownership and governance.
Tangible deliverables
- Provider, contract and use-case inventory
- Prioritised review of consumption and contract coverage
- Cost-efficiency recommendations and governance framework
How an engagement starts
Start with the five-step assessment. A conversation can then establish the scope and the information needed for a review; no contracts or confidential data are required online.
Relevant experience
Scalability Assessment & Market Data Cost Reduction for a Swiss Cantonal Bank →
TGGC assessed the bank's capabilities to scale its asset management business and delivered a product and market strategy — while reducing annual market data spend by ~CHF 0.5m.
This is a specific case, not a forecast or delivery promise for your business. Anonymous · Reference on request.
Questions worth asking
Do we need to know our total spend first?
No. The initial assessment starts with visibility of contracts, consumption, reviews and renewals, not an expenditure figure.
Does the assessment prove that we are wasting money?
No. It identifies facts to establish and areas to review. It is not an audit or a compliance conclusion.
Can you predict our savings?
Not from these answers. The cantonal-bank case describes a specific outcome, not a forecast for another institution.
What should we prepare for a conversation?
A non-confidential outline of the issue, who owns the review and the next material decision or renewal.
Source material: TGGC priority themes and published case experience.
Your next step