Best Supporting Services Provider: Jordan & Jordan

Left to right: Max Bowie; Shlok Rastogi, director, market data; Jim Sudol, director, market data, Jordan & Jordan; Steve Matchett

To service a tight-knit industry, it helps to be part of the community, and­­—in the market data world—one service provider that is actively involved is consulting firm Jordan & Jordan.

With founder Tom Jordan taking on important roles in the industry and serving on various boards, the consulting firm continues to impress and be recognized for its helpful insights. This commitment to market data has won Jordan & Jordan the Best Supporting Services Provider award for the fifth time, proving that judges agreed with users who voted them top in the four previous years, before the category changed to being call-for-entry in the 2016 awards.

Jordan & Jordan is known for its market knowledge, and the team was recently expanded by the arrival of industry veteran Barry Raskin, who is now leading the management consulting practice. This in-house expertise is difficult to surpass, and judges praised the firm for its long and rich history of serving the financial information market.

Jordan & Jordan, which grew out of New York, where Tom Jordan founded the company in 1990, services clients from New York, Chicago and London, and impressed judges with a list of “broad and diverse services ranging from management consulting to licensing and auditing resolution”. One notable engagement that placed Jordan & Jordan in the spotlight was the work on successfully managing the request-for-proposal process for both the Unlisted Trading Privileges and Options Price Reporting Authority securities information processors.

The firm has also expanded its offering with a rapidly growing Market Data Reporting service, which provides clients with an automated solution to facilitate compliance with market data licensing, provisioning, distribution and reporting policies. Judges summed it up: “Jordan & Jordan remains the gold standard for market data consulting.”

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