JP Morgan fast-tracks market data licensing tools
The bank is developing solutions to help internal teams understand compliant usage and entitlements.
“Can I use this data feed?”
When a portfolio manager or bank analyst asks this question, a frenzied chain of events occurs involving back-and-forth discussions between the compliance team, a bunch of lawyers, and third-party data vendors trying to decipher data usage rights. There are teams within investment firms that exhaust hours sifting through and interpreting legal jargon in market data contracts.
However, Michelle Roberts, vice president of market data strategy and compliance, and Ilya
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