DRDM’s Automated Declarations module streamlines market data compliance by automating the collection, validation, and reporting of market data usage in real-time. It ensures compliance with ESMA’s MiFIR audit requirements. Integrated with DRDM’s DLT-powered Digital Contract Network (DCN), it provides an immutable audit trail and continuous compliance monitoring, reducing manual errors and administrative burdens. By automating processes, DRDM enhances revenue assurance, simplifies audits, and strengthens client relationships through transparent reporting. This proactive, scalable approach ensures secure, efficient market data management, helping exchanges and data providers meet regulatory standards while improving operational efficiency.
This is the first of a four-part series on DRDM’s core suite, a digital contracts platform that simplifies market data management by automating compliance and enhancing intelligence. Discover how DRDM’s advanced digital contracts make market data management more efficient and transparent, reducing compliance risks. Learn how DRDM’s digital contracts, powered by Distributed Ledger Technology (DLT), streamline workflows and unlock new revenue opportunities for the financial sector.
Minimising latency in the capital markets is crucial to remaining competitive, but traditional line graph visualisations can overwhelm engineers, making it difficult to extract actionable insights from large datasets. To address this, CJC’s mosaic team worked with senior market data engineers to introduce a scatter plot approach, based on positive external feedback. By focusing on latency CJC’s engineers can identify performance issues and optimise systems easily. This innovation allows for quicker identification of outliers and inefficiencies, leading to faster, more informed decision-making.
Discover how LSEG’s Real-Time Connector (RTC), deployed on Oracle Cloud Infrastructure (OCI), delivers exceptional performance, low latency, and cost efficiency for real-time market data delivery. Featuring expert insights straight from CJC’s labs, the article highlights the seamless integration of RTC’s cloud-native design with Oracle’s advanced cloud platform, offering a future-ready solution for scalable market data management. Learn why IT executives should consider this powerful combination for optimized data distribution in financial markets.
Against a 2023 economic backdrop of elevated inflation and interest rates, market data-consuming firms in 2024 are witnessing heightened internal operating costs. Externally, consumers face “faster than ever” price hikes and increasingly complex licensing agreements. Speaking to Sara Baker, CJC’s Global Head of Commercial Management, this article looks at how financial firms can curtail market data spending and covers (1) Underlying Causes and Consequences; (2) Controlling Market Data Spend; (3) Expediting The Market Data Management Process.
As DORA creeps closer, IT infrastructure resilience has never been as critical. This article highlights the importance of monitoring and observability to understand IT system behaviours and stay ahead of potential issues to avoid costly downtime. Discover the key to IT resilience and how to achieve it at scale in this essential guide covering (1)How resilient are IT data centres?; (2)Enhancing IT infrastructure resilience; and (3)Achieving resilience at scale.
As the skies were aglow last weekend, CJC were on standby in case of client system failures from a modern-day Carrington-style event. This article provides insight into (1) The Risk of Magnetic Storms; (2) Costs: Downtime vs. Preventive and (3) Do Businesses Have Options?
The EU’s DORA is inevitable and will have rippling effects beyond the union, superseding previous industry-specific operational resilience guidelines and overcomes national disparities, harmonising guidelines for key focus areas across the industry value chain. This insight explores the macro impacts of DORA, summarising key sections of DORA’s full text to define (1) What Is DORA and Its 5 Focus Areas? (2) Why Is DORA Important? (3) Who Does DORA Apply To? (4) DORA Compliance vs. Non-Compliance.
DORA goes live in less than 12 months, thrusting operational resilience and 3rd party dependencies providing managed services into the spotlight. As a critical supplier to financial firms, CJC views DORA’s standards as crucial. This insight looks at why DORA is needed, the changes, what the short & long-term impacts are, and whether DORA is a concern for clients.
Extending server lifespans could provide significant benefits, as AWS announced an expected $900m per quarter. However, haphazardly extending lifespans without sufficient accurate data is a potentially costly and dangerous game. Holistic observability is crucial for the acquisition of this data, with the number and size of blind spots corresponding to the level of risk. In this insight, we review (1) The Challenge of Market Data Capacity Management. (2) Is Extending Server Lifespans Safe? (3) Enhancing Observability, Holistically.