Vendor of Record (VOR) in the Cloud: What are the Challenges for market data distribution?
For years, the market data industry was dominated by feed distribution. This put a lot of emphasis on capable vendor accounting and reporting systems to (accurately) reflect permissioning and content consumption. Cloud distribution and the associated technologies, ie. micro-services, containers, pub/sub and event messaging are increasing consumption transparency and tracking. When distribution moves to the cloud what are challenges and changes for information providers and market data distribution?
- What detail/policy concessions are information providers making for reporting market data distribution usage over the cloud?
- Are traditional market data vendors doing a “lift and shift” of their accounting / reporting applications, or are these systems being redeveloped with cloud-native tools; which ones? If so, How does this help security, compliance and auditing?
- Do new technologies like micro-services, containers and RESTful APIs make it easier to track Non-Display Usage applications?
- Is it easier to interface cloud VOR applications with end-user cloud tools; how does this add value?
- Will standard reporting formats become more common/popular?
Stuart Loy, Principal Solutions Architect,, Amazon Web Services (AWS)
Vinayak Bhat, Vice President, Head of Sales - Singapore & India, Factset
Vjay Choudhary, Vice President, Product Management, Market Data Solutions, Xignite
Doug Munn, Head of Enterprise Real-Time Feed Propositions, Refinitiv
Yan Shih, FIA, Director of Asia Operations, CJC