Data Notification for Reference Data

West Highland Data Notification Manager (DNM-RD) for Reference Data identifies application usage and impact of Refinitiv’s content changes to their Reference Data environment.

Data Notification Manager for Reference Data is an intelligent tool for automating the usage tracking, management and distribution of system change notifications that are impacting Reference Data. This solves the problem of managing vendor notices while mitigating financial risk. Market Data Managers can now search notifications by price impact, product, exchange, affected applications. DNM-RD flexible approach provides a more convenient and precise way of executing the various Data Notification’s across many of the market data providers such as Reference Data.

DNM for Reference Data

OVERVIEW

Market Data change notifications create a unique challenge for Market Data Managers.

The West Highland Data Notification Manager for Reference Data provides firms with the ability to identify the usage and impact of Reference Data content changes in their environment. Typically changes are disseminated to market data teams and end-users. Application owners don’t have the time to review all changes or don’t have the necessary tools to manage notifications. Leading to service disruptions and fee liable consequences.

West Highland, a leader in market data technology support services for over 18 years, recognizes these challenges and offers a Data Notification Manager for Reference Data service to solve these risks. This service greatly reduces the amount of time and effort required to process the plethora of weekly changes.

BENEFITS

Intelligent Management
Using an algorithm customized for each client’s needs. The DNM-RD identifies usage of each notification, based on client criteria.

Searchable Functionality
West Highland’s DNM-DS allows Market Data Managers to search notifications by price impact, product, exchange, affected users, and more. This flexible approach provides a more convenient and precise way of executing the various Data Notification’s.

Application Owner Notification
West Highland’s DNM-RD provides managers the capability to send a discreet, separate email to the affected end-users / application owners. This organizes and simplifies the process.

Reference Data usage tracking for billing allocation
DNM-DS identifies application usage for more accurate billing allocation.

Calendar View
West Highland’s DNM now provides you with a visual calendar to see all of your DN’s as they occur.

West Highland Proven Support
Market Data Managers using the DNM have the benefit and comfort in knowing that the West Highland industry leading process and support model for over 20 years are deployed.