Organisations frequently have contracts in place legacy data aggregators that no longer reflect the way their business operates, questions such as “Why do I need to pay for each system I populate with index data in an aggregators format?,” or “Why can’t I have a capped cost for my Index/ETF service provision” or “Why do I have to pay every time I want to add a data item to my file?” are often the lament of Chief Data Officers.

Working with an Index/ETF data aggregator that recognises the need to work in partnership to provide capped and collared pricing, that is agnostic to how many downstream systems you input their feed into, and allowing you to add new data items at no cost is key.

Pricing should be fair, equitable and a “win-win” for both parties and contracts should be single year agreements to ensure service levels are adhered to, with agreed pricing over multiple years.