Increasing complexity and volume of licensing types makes Index License Management (ILM) a critical challenge for both buy-side and sell-side professionals.
Index sponsors are holding institutions to stricter levels of governance with increased audits, and new regulations recommend that firms comprehensively identify and track their benchmark usage across all business areas.
Our ILM solution assists you with documenting and managing your firm’s index licenses, helping you to ensure compliance with audits and upcoming regulations, and quickly confirm the terms and coverages of your licenses.
Under the 2016 European Benchmark Regulation, financial services firms will need to implement new governance processes to audit their benchmark usage.
Attain contractual and regulatory compliancy, increase work flow efficiencies, and enhance spend effectiveness.
Enhance your data governance effectiveness while achieving contractual and regulatory compliance.
The ILM platform automates invoice reconciliation, increases the work flow integrity, and improves billing error visibility.
ILM is developed to handle all index license types, fee charge schemes, and usage restrictions.
Give business users a simplified view into your firm's inventory, empowering front-office to self-serve their index license queries.
Set alarms for critical contract renewal dates and termination notices. Automated contract renewal workflow.