FISD Academy is our new Learning Management System. All existing users have been migrated to the FISD Academy. If you already have an account, refer to How-To Guide for Migrated Users for instructions on accessing your account. If you are a new user, please refer to How-To Guide for New Users.

FISD Financial Information Associate (FIA)

Join the 2,000+ market data professionals who have completed the FISD FIA program, including more than 250 participants in 2025 alone.

Business Outcomes

Passing the FISD FIA certification earns the successful candidate their FISD FIA wall plaque and listing of their certification on our global database of certified industry professionals.

Overview

The FISD FIA certification is intended for anyone who works within the financial information industry. Developed by a committee of industry experts, it is regularly updated to reflect the most relevant and essential knowledge requirements. Here are some important details about the exam:

FISD FIA eBook

The FIA Exam comes with a comprehensive FISD FIA eBook as standard. This book serves as your complete guide to successfully achieving your FIA certification.

Pricing

Register a group: Send an invoice request to FISD with the following information

  • Billing address
  • Participant full names & email addresses or number of participants if still confirming the final group
  • Choice of exam + eTraining or exam only

Financial Information Associate

The Financial Information Associate (FISD FIA) is the premier professional certification that demonstrates a broad understanding of the financial information industry.  Successful FISD FIA candidates must demonstrate a strong working knowledge of such key concepts as:

✔ The Trade Lifecycle

✔ Major asset classes

✔ How data needs vary across firms and roles

✔ Data distribution systems and software

The FISD FIA certification is intended for anyone who works within the financial information industry. Thousands of industry professionals have achieved the FISD FIA certification, from seasoned market data managers to brand new sales specialists. The FISD FIA certification was created by a committee of financial industry experts and has been updated periodically to reflect the most relevant and critical knowledge requirements. For more information, contact Adam Stanton.

FISD Recognized FIA Trainers

TCAM believes that the best way to transfer knowledge is through interaction with a real trainer with solid experience and industry knowledge. The training and course materials go beyond FISD's syllabus, to give candidates the best possible context. The prime goal is to prepare candidates in the best possible way for the exam; the secondary goal is to improve their professional skills, in their benefit and that of the firms they work.

9 hours or 1.5 days

TKA (Thomson Krummeck and Associates)

TKA offers both In-Person and Instructor led training. Based in Johannesburg but available globally - our passionate and expert instructors aim to not only equip our students with the knowledge to pass the exam, but to also expand and enrich their Market Data professional skill sets. Classes are interactive and engaging, following which, all slides, manuals and mock- exam questions are provided.

2 days full time or 7 afterhours sessions of 3 hours each.

TRG Screen

Our curriculum takes you through everything needed to pass the FISD FIA, while also maximing interaction with other dedicated industry professionals, to make the class "real life" and interactive. We offer the opportunity to build up basic knowledge for market data management and/or to experience a focussed refresher course.

Course offered in German.

8 hours per day, 2 days

Atradia Ltd

Each half day covers the three main sections i.e. Markets; Data; Technology. The course sequentially follows the FISD FIA Syllabus. Section 4 – Issues and Trends is touched on but candidates are encouraged to leverage the eLearning Videos and PDF notes. The class is required to be a minimum of 8 candidates up to a maximum of 12 – to maintain intimacy and integrity. The tutor teaches with PowerPoint as the main visual aid. Continual interaction and active Q&A is encouraged. The in person course is sold in combination with eLearning modules that provide an additional 7 hours of video revision couples with details PDF notes.

9 hours or 1.5 days

TAURA Consultoria e Representação Ltda.

Learn directly with the official author of the FISD FIA e-book — in person or virtually, and in English, Spanish, or Portuguese. This 12-hour training program, plus one additional live Zoom session, follows the full FISD FIA syllabus, covering Markets, Data, Technology, and Issues & Trends. Delivered through an interactive methodology, the course is taught by a market data expert with 30 years of professional experience and a solid academic background as an MBA and in-company professor. Join a learning experience designed to deepen your understanding, expand your skills, and prepare you with confidence for the FISD FIA certification.

Course offered in English, Spanish, Portuguese.

4 hours per day, 3 days

MDS at Work

MDS at Work is an Amsterdam based Market Data Consultancy firm offering the FISD FIA Level 1 training. Our trainers have at least 20 years’ industry experience, helping you to pass the FISD FIA. At the same time, we translate the study material into our day-to-day consultancy work making the training interactive.

In Person: 6 hours, 2 days
Virtual: 4 hours, 3 days

Flynndex provides an in person, broad based market data training offering, available on a limited basis to both prepare an attendee with the foundation to achieve the FIA Certification as well as to gain insight and perspectives for a successful career in market data. Flynndex market data training is designed to provide a knowledge transfer to the next generation of market data executives with colorful, lively, and engaging sessions to further develop the skills related to successful completion of the FIA Certification Exam. Ed currently serves on the new US Exchange “CT Plan” Advisory Committee as the Retail Investor Representative.

10 hours or 1.5 days

Rose Consultancy

Offers a cutting-edge module designed for professionals eager to excel in the fast-paced world of financial information services by the esteemed Financial Information Associate (FIA) certification, this program is your gateway to mastering the intricacies of market data, compliance, and emerging technologies.

2.5 Days - either in a block or spread across a working week.

Rose Consultancy

Offers a cutting-edge module designed for professionals eager to excel in the fast-paced world of financial information services by the esteemed Financial Information Associate (FIA) certification, this program is your gateway to mastering the intricacies of market data, compliance, and emerging technologies.

2.5 Days - either in a block or spread across a working week.

General Questions

The FISD FIA is intended for people who work with market and/or reference data. That includes data users, salespeople, and other professionals working in the financial information industry who would benefit from an improved understanding of how the industry works. The most critical audience is people with 0-3 years of work experience, but candidates with more and less experience have both benefited from earning the certification.

The exam follows the FISD FIA syllabus which is divided into four sections: The Markets (30% of the exam), Data (30% of the exam), Technology (30% of the exam), and Issues & Trends (10% of the exam).

There are 150 multiple choice questions on the exam.

You may take up to 160 minutes (2 hours and 40 minutes) to complete the exam.

Yes. As soon as you’re comfortable, you can submit your exam to receive your results.

You must score at least 75% on the exam to pass. Scores are not rounded.

Login to your FISD Academy Account. From your Home Page, go to My Learning, and you will see your course and associated exam. Your exam will begin immediately once you click Start Now and there is no break, so be sure you’re able to devote up to 2 hours 40 minutes to your exam before clicking the button.

About 76% of first-time FISD FIA candidates pass the exam.

Exam retakes are unlimited. There is no waiting period between attempts. Results never expire and scores are not published, so you don’t need to complete a retake unless you scored below 75%.

There is no required waiting period. As soon as you feel ready to try the exam again you’re welcome to do so.

The fee for the exam with the FISD FIA eBook is $600. The FISD FIA exam + eTraining + FISD  eBook package is $1,040 for FISD members, $1,140 for non-members.

Purchasing the FISD FIA + eTraining package is a savings over purchasing the exam and training separately (even for non-members, we’re nice like that). We do offer a standard bulk discount of 10% for FISD member purchases of 50 certification exams or more.

Your result will appear immediately on your computer screen once you submit your exam answers.  You will also be able to view and download your certificate of completion.

Plaque shipments are batched and handled by a third-party company, so FISD cannot provide an accurate estimate.

Send your correct name, exam date, and mailing address to FISD upon completion of your exam.

Yes. Confirm your preferred name with FISD and if you would like it to appear that way in the plaque, directory, or both.

Yes, it is available anytime you access your FISD Academy Account. 

Yes. Email FISD to request that your name be kept out of the FISD FIA directory.

Yes. Email FISD with your original name and your new name to have the FISD FIA directory updated.

Investigators should contact FISD to verify certification status.

Registering for the Exam

  1. Click the Register button on any of the FISD FIA pages or navigate to The FISD Academy. Create an account via the “Register Now” option.
  2. Login to your account. Click the Store Icon at the top of the screen. Which will direct you to the FISD Academy storefront where you will be able to view all available courses/certifications via the “Shop All” option.
  3. Click on the course you would like to enrol in and “add to basket” and then “checkout” which will allow you to pay. Please note that there are some exam names that are similar, so be sure to choose the correct one for you.
  4. Payment can be made through the system using ACH Payment or Stripe. For invoicing needs, these requests can be made by contacting Adam Stanton at astanton@siia.net.
  5. A receipt will be sent to the email address provided for the account.
  6. Access to the course and all written training materials will be available after purchase. Please note that video training is conducted outside the system and access information will be provided within 1 business day from purchase.

That’s up to you! At-home FISD FIA exams can be taken whenever you want, with no advance registration required.

FISD members, please contact FISD to be registered for your retake exam free of charge.

Support

Contact FISD to have your session reset or to receive a complimentary retake. In many cases, your exam can be reopened at the last question you answered so you won’t have to restart from the beginning.

Contact FISD and we’ll be happy to help you, we work within the UK time zone and our dedicated staff will answer within 1 business day.

Samantha MacKay headshot and testimonial saying I would highly encourage those who are early or even experienced in their role to get the FIA, particularly given the data space is constantly evolving and changing.
Taurance Robnett testimonial saying Utilizing my knowledge gained from the FIA certification, I was able to help a company find $300,000 in cost savings
Bernard Schut testimonial saying I recommend FISD Certifications to everybody who is entering the market data industry. The FIA certification is a must-have.