XPansion FTS Adds TR Monitoring to XMon Data Request, Cost Management Platform

The platform now manages data requests for both Bloomberg Data License and Thomson Reuters DataScope.

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The startup launched the first version of XMon in November 2014 for monitoring requests for data from Bloomberg Data License. The platform interfaces with clients’ systems and the data source, acting as a “middle man” to alert users if they are close to exceeding the budgeted number of data requests or to block requests from specified user profiles to reduce instances of unnecessary data requests.

At the end of August, XPansion will roll out Version 1.2 of XMon, which will perform similar functi

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