Calero says it helps firms move away from the manual management of LSEG's Refinitiv Data Platform (Hosted).
Automation has come to the management of the London Stock Exchange Group’s Refinitiv Data Platform (Hosted) via a new application programming interface (API) link and eBonding capabilities from Calero, a solutions provider for managing the cost and compliance of market data, officials say.
The Calero support is intended to help heads of market data and others move away from the manual process of managing LSEG entitlements.
The “entirely manual” process involved “requiring phone calls and emails with LSEG Account reps or manual order entry into LSEG portals. Calero’s new capabilities automate access requests, changes, and cancellations to eliminate manual reconciliation and email-based workflows, provide real-time visibility into hosted entitlements, eliminate manual errors, and allow straight-through processing,” according to the announcement. The enhancements “provide IT, procurement, and finance stakeholders with unparalleled transparency and control.”
“With the LSEG Hosted Access integration, customers receive the comprehensive automation they’ve long demanded — from real-time visibility into their inventory to straight-through change processing,” says Alistair Brooker, vice president/general manager for Calero, in a prepared statement.
Calero’s Market Data Management (MDM) platform offers solutions for transparency, compliance, procurement, inventory accuracy, and cost savings.
The LSEG is a global financial markets infrastructure and provider of data and analytics, indices, capital formation, and trade execution, clearing, and risk management across multiple asset classes.
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