Click here to read more about the partnership between the global Diversity, Equity, & Inclusion data & scoring provider and the SaaS investment data management provider.

Market data is the lifeblood of financial markets. Whether it’s price discovery, post-trade processing or portfolio valuation, Lumen delivers a secure, fully managed, and highly resilient network designed specifically for the demanding needs of today’s financial markets. Learn more.

Xignite is thrilled to announce the release of XigniteLogos API in collaboration with Benzinga, an innovative financial media outlet and data provider. Using Benzinga’s curation of in-house, up-to-date logos, the API lets you display company logos on your platforms for both mobile and desktop formats. The API covers over 7,000 equities, including major US exchanges, OTC listings, and fund families.

The Logos API delivers your users a better experience, strengthening trust in your brand by providing a recognizable, high-quality visual aid that drives engagement, minimizes trading errors, and increases user satisfaction.

The XigniteLogos API is a much improved version of Xignite old logo API that was retired many years ago. It is super flexible and lets you retrieve logos using any identifier (including CUSIP, ISIN, FIGI, and SEDOL) and our powerful symbology timeline. You can choose between light and dark logos and every logo image has a transparent background for easy inclusion in your app or web site. You can customize the size of each logo while preserving the aspect ratio using our smart scaling technology. Because we automatically map funds by issuers, our Logo API also provides extensive coverage of ETFs.

You can learn more about the API here. For more information, contact sales@xignite.com.

Optimize Insights’ customizable dashboards and visualizations answer critical subscription management questions and provide market data management reporting

New York, London – July 14, 2022 – TRG Screen, the leading provider of enterprise subscription management solutions, has announced the introduction of Optimize Insights to unlock new insights and reporting capabilities within Optimize Spend, its market data management software platform.

Optimize Insights sits at the heart of TRG Screen’s new Optimize platform, launched in 2020. Market data teams benefit from detailed, data-driven intelligence that they can deliver to their internal business users, allowing them to fully optimize their spend and usage. While it offers an intuitive visual analytics platform for proactive market data management, it also supports other complex, high value enterprise subscriptions, such as research, telecoms, IT and software.

“Market data costs are escalating and need to be controlled. Firms need sophisticated, granular and flexible insights in self-service dashboards with drilldown capabilities and interactive reports powered by business intelligence and data visualization tools. Optimize Insights delivers this and more – it’s a paradigm shift. Market data teams no longer need to sift through large buckets of data to get answers they need or build their own analytics tools, instead they are delivered actionable insights that pinpoint opportunities to optimize market data spend,” comments Richard Mundell, Chief Product Officer for TRG Screen.

Optimize Insights tells the story of a firm’s market data subscription landscape with automated trend analysis that explains why costs are changing. It combines underlying data on spend and usage to provide tailored insights with powerful calls to action to help firms optimize market data spend.

Key features in this first release allow users to see the high-level picture based on the requirements of their role before drilling into the detail, and includes:

• Insights Library: Specially curated library of story-based visualizations and dashboards
• Dashboard Studio: Interactive dashboard designer allows users to create their own dashboards.
• Pivot Studio: Intuitive web-based pivot table interface to manipulate underlying data with slice-and-dice drag-and-drop analytics and visualization capabilities.

Optimize Insights is available to customers of Optimize Spend. It is part of the base system with nothing additional to license, securely hosted in the cloud. As a modern SaaS application, it will be continually enhanced over time, driven by customer feedback, with new features, further datasets and additional insights.

Optimize is a completely flexible and scalable platform, able to deliver value to firms with only a few vendor relationships through to those managing hundreds of millions of dollars of subscriptions. TRG Screen enables more than 500 organizations worldwide to monitor and manage their high value enterprise subscriptions, delivering up to 30% cost savings.

About TRG Screen

TRG Screen is the leading provider of enterprise subscription management solutions. Founded in 1998, TRG Screen is uniquely differentiated by its ability to monitor both spend and usage of data and information services including market data, research, software licenses, consulting and other corporate expenses. TRG Screen’s solutions provide its customers with full transparency into their vendor relationships and their subscription spend and usage, enabling them to optimize their enterprise subscriptions. TRG acquired Priory Solutions in 2016, Screen Group in 2018, Axon Financial Systems in 2019, and Market Data Insights in 2020 and with these acquisitions is now positioned as the global market leader in the financial, legal and professional services markets. TRG Screen’s product portfolio includes subscription spend, usage, enquiry and compliance solutions. For more information visit www.trgscreen.com.

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For more information, please contact:

Press Enquiries: Roel Mels, +31 73 6122 940, roel.mels@trgscreen.com

NEW YORK, LONDON AND BOSTON – July 5, 2022. Having completed an extensive selection process and subsequent proof of concept, RA Capital selected Xenomorph to deliver a comprehensive enterprise data management solution for their bio-tech and financial data needs.

Xenomorph provided RA Capital with an enterprise data management platform that met their requirement for robustness, scalability and performance. Xenomorph’s future-proof data model coupled with its support for all data vendors and ability to match companies and drugs from multiple data vendors were key to the platform’s selection. The solution also enables the reconciliation of data from multiple sources and provides event notification to interested parties and systems.

“We were diligent in the selection of RA Capital’s data platform. We wanted more than a standard security master, we wanted a true data platform product that can handle all types of data across industries, and providers. Many products in the market are an offshore consultant team disguised as a product, we were careful to rule those out. We ran a rigorous RFP process and a detailed POC before finally selecting Xenomorph”, Chris Caliri (CIO, RA Capital).

“Xenomorph’s ability to support complex hierarchical data structures with multiple relationships, across a variety of entities, was critical to the success of our project. Customizable data management rules allowed RA to merge and enrich company, person and drug data, across several internal and external data providers. The Xenomorph team was not only a dedicated implementation partner but also provided valuable guidance throughout the project”, Ernesto Gonzalez (Sr BSA, RA Capital).

“A key requirement was the ability to store biotechnology-related data, such as drugs, catalysts, events and clinical trial data as well as more standard security and price data. This also included a complicated set of inter-relationships between various data elements. Xenomorph’s ability to handle any type of data, over any frequency and from any industry – out of the box and without any changes to the product – proved to be critically advantageous to RA Capital”, Mark Woodgate (Founder, Xenomorph).

“The 300+ person years of R&D that have gone into the product enable a configuration over customization approach, ensuring a timely and on-budget implementation. These principles, combined with RA Capital’s clear and precise guidance, were fundamental to the success of the project. Xenomorph has cherished its initial involvement with RA Capital and we very much look forward to being part of their exciting future”, Naj Alavi (President, Xenomorph).

About Xenomorph

Xenomorph provides trusted data management solutions to many of the world’s leading financial institutions. The company has more than two decades’ experience managing large volumes of complex data and analytics. Over that time, we have consistently reinvested in our technology, culminating in our latest generation enterprise data management platform. We empower businesses by delivering simple solutions to complex data management challenges. Our platform was built to manage the most sophisticated data management requirements, from pricing complex OTC-traded derivatives, running multi-factor investment models through to managing risk factors globally for the biggest banks.

For more information on Xenomorph, our clients, services and solutions, please visit here.

About RA Capital

RA Capital Management is a multi-stage investment manager dedicated to company formation and evidencebased investing in healthcare and life science companies developing drugs, medical devices, diagnostics, services, and research tools. The firm’s portfolio of private and public companies spans the globe and most therapeutic areas across all stages from discovery through commercialization. We are committed to fostering diversity at RA, in our portfolio companies, and in the broader biotech community.

Contacts:
Matthew Pick
mpick@xenomorph.com

Chris Caliri
ccaliri@racap.com