Market data refers to all financial data and applications provided by external suppliers and used in business cycle management (decision-making, risk management through reporting and of course the portfolio valuation/book). Crypto Trade data can be of several types: data pricing. price of a listed or OTC range of bid or ask. calculated price, yield curve that plays a key role.
There are several modes of dissemination, as well as different levels of accessibility. From the supplier to the client application – it directly flows without viewing before integration into the tool concerned. The Crypto Trade data is then reworked and accessible;
Terminal: the data is directly accessible and searchable via interface (order book. graphical analysis. time & sales). Some devices also allow download in Excel searchable data, in agreement with past contracts with suppliers.
reference applications: real point of entry and single output data in the CIB, Asset Managers and Asset Services companies. the application ” Repository ” is intended for redistribution mastered and optimized data used in operating the business. Data – from multiple vendors is processed and stored in the repository only, and disseminated to applications of the entity.
Starting point of the life cycle of Crypto Trade data the creation and dissemination of original raw data provided by non-integrating suppliers. The routing and aggregation of content is provided by intermediaries: the vendors.
Among the most famous vendors, some companies have aggregation of multiple and diverse systems as well as general content routing solutions, and are generally referenced in the majority of consumer societies.
Other vendors opt for a strategy of specialization to a limited number of trades (software setting of the Value at Risk) or meet a specific need in particular (modeling data set for back-testing, providing software tools for graphical analysis of Crypto Trade).
Larger companies have a dedicated market data service within which business analyst centralize the commercial, legal and financial activities related to this activity. For other companies, this function is separate and can be equally provided by the Department of IT services, the middle office, or each data-intensive applications manager.
Despite the diversity of banking, the interdependence of various services implies strong consistency of information that are used and consumed, as well as a high level administration of these data . Specifically, it is illusory to believe in the quality of a procedure without ensuring the quality of data consumed.
Presence: Is the data available within the corresponding consumer demands? Completeness: Is the information complete and homogeneous, or rather fragmented, piecemeal or incomplete? Consistency: Is the data just checked, relevant.
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