Finaprins
Trade Data Transformation and Standardization
Enhance Your Trade Data Processes with Our Managed Service
Managing multiple proprietary trade data models and integrating data from various sources can be complex and resource-intensive. Organizations often face challenges like converting trade data to meet specific system requirements, difficulties in joining data due to a lack of skilled resources and rigid pipelines, navigating numerous data engineering technologies without proper expertise, and a significant gap between IT and business departments.
Our Trade Data Transformation and Standardization service offers a fully managed solution that allows you to delegate all tasks related to trade data conversion and transformation. The service is customized to meet your specific needs — we can consume data in your proprietary formats, process it according to your instructions, and deliver it in whatever format is most convenient for you. We utilize industry standards like FpML (Financial products Markup Language) and CDM (Common Domain Model) to ensure compatibility and compliance, but we also integrate with proprietary data models, providing a comprehensive solution tailored to your environment. Being technology-agnostic, we adapt to your existing workflows without requiring you to alter your current processes.
Delegate These Trade Data Processes to Us
Trade Data Conversion – we efficiently convert trade data formats between different systems, ensuring seamless data transfer and integration when dealing with incompatible trade formats.
Trade Data Reconciliation – we identify and resolve discrepancies in trade data by reconciling records across different systems, ensuring consistency and accuracy.
Trade Data Standardization – we standardize trade data from multiple systems into a unified format, enabling consistent data representation and simplifying analysis and reporting across your organization.
Data Models Implementation – we convert your trade data into industry-standard data models like FpML and CDM. Given the complexity of this process, our managed service provides the expertise needed to ensure accurate and efficient standardization.
Business Results
These are the key areas our service addresses, turning obstacles into opportunities for efficiency and growth.
Simplified operations with managed services
We manage the complexities of data transformation and standardization for you. In practice, this simplifies your operations, reduces overhead, and ensures expert handling of your data processes.
Cost-effective data solutions
Our scalable services and shared infrastructure reduce your costs compared to building in-house solutions. This means you get high-quality data services without the high price tag.
Expert support without hiring hassles
You'll have direct access to our experienced data engineers assigned to your account. Get expert guidance and support without the time and expense of recruiting and training new staff.
Access to robust infrastructure
We provide you with our advanced TradeView platform and infrastructure. In practice, you don't need to invest in or maintain your own systems, ensuring efficient and secure data management.
Transform your data management processes and gain competitive advantages through better insights and efficiency.
Unified trade data models
We standardize your diverse trade data into a single, unified model using our expertise in data transformation. All your trade data, regardless of source or format, is consolidated for easier analysis and reporting.
Utilize industry standards effortlessly
Our team implements industry standards like FpML and CDM seamlessly into your workflows. In practice, you adopt these standards without investing in specialized knowledge or altering your existing workflows.
Consistent data across all platforms
By standardizing and centralizing your data, we ensure all your systems access the same accurate information. This consistency improves decision-making and reduces discrepancies between departments.
High-quality, reliable data
We implement rigorous data validation and cleansing processes. In practice, you can trust your data to be accurate and reliable, essential for compliance and strategic planning.
Flexible, efficient reporting
We customize our reporting tools to suit your needs. In practice, you get timely, relevant reports that can be easily adjusted as requirements change, helping you make informed decisions.
Streamlined system integration
We convert your trade data into the specific data models required by your tools and systems. Integrate new platforms faster without costly overhauls, enhancing efficiency and speeding up your operations.
Empowered teams focusing on strategic work
By handling complex data tasks, we free up your teams to focus on strategic initiatives. This means your staff spends more time on activities that add value rather than routine data management.
Explore Typical Use Cases for Our Service
While the use cases below illustrate common scenarios, they are by no means exhaustive. We are more than happy to discuss your specific needs. Let’s start a conversation about how we can address your unique challenges.
Maintain Legacy Data Pipelines
We ensure your legacy data pipelines run smoothly, extending their usability without the need for immediate system overhauls.
Integrate Multiple Data Sources
We connect and consolidate data from various sources, providing a unified view that enhances decision-making and operational efficiency.
Data Migration
We handle the complex task of migrating data between platforms, ensuring data integrity and minimal downtime during transitions.
Data Quality Monitoring
We continuously monitor and improve your data quality, detecting and correcting errors to maintain reliable and accurate datasets.
Prepare Data for AI
We structure and preprocess your data to make it AI-ready, enabling you to leverage machine learning and advanced analytics effectively.
Custom Report Development
We develop internal and external reports by aggregating and analyzing data, providing actionable insights that support your business objectives.
Automate User Acceptance Testing
We automate your user acceptance testing processes, increasing efficiency and reducing the time required for system validations.
Data Product Development
We assist in building data products, transforming raw data into valuable assets that drive innovation and business growth.
Trade Lifecycle Monitoring
We provide continuous monitoring of the trade lifecycle, offering real-time insights and alerts to keep you informed at every stage.
Regulatory Compliance Reporting
We help you meet regulatory reporting requirements by providing accurate and timely data in compliance with industry standards.
Data Cleansing and Validation
We clean and validate your data, removing inconsistencies and errors to enhance reliability and accuracy.
Automate Manual Data Processes
We automate repetitive manual data tasks, improving efficiency and reducing the risk of human error.
Let's Start a Conversation
Ready to optimize your financial data processes and drive your business forward? We’re here to help. Whether you have questions about our services, need a custom solution, or want to explore how we can support your goals, we’d love to hear from you. Get in touch with us today, and let’s unlock your data’s full potential together.
How much does it cost?
Our pricing model is designed to be transparent, flexible, and cost-effective, ensuring you get the best value for your investment. We offer a subscription-based service where you pay a predictable monthly fee, making it easy for you to forecast and manage your data management expenses.
By leveraging our service, you benefit from significant cost savings compared to building a data project from scratch on your own. Thanks to the economies of scale achieved by our shared data infrastructure serving multiple clients, we can offer competitive pricing. Many common elements across different features are reused and optimized, reducing duplication of effort and costs. This shared efficiency allows us to pass the savings on to you.
Our goal is to provide you with a high-quality, customized solution that meets your specific needs without unnecessary expenditure. The monthly fee consists of two main components: fixed part and variable part.
Fixed fee
Setup, Integration, and Shared Infrastructure
The fixed part of our pricing covers the essential foundational services required to deliver our solution effectively. This includes client acquisition and onboarding costs, where we ensure a smooth transition by understanding your needs and integrating you into our system seamlessly. We handle system integration by connecting with your input files and preparing tailored outputs that fit perfectly into your existing workflows. Additionally, the fixed fee accounts for the shared infrastructure - the minimal yet robust infrastructure necessary to run the service efficiently. By sharing this infrastructure among clients, we provide a reliable and high-performing solution while keeping your costs predictable and reasonable.
Variable fee
Usage-Based Resources and Services
The variable part of our pricing is directly tied to your actual usage, ensuring flexibility and cost-effectiveness. It encompasses expenses related to storage and computing power, which scale based on the number of records or the amount of data processed in megabytes. This means you only pay for the resources you consume. Additionally, it includes the costs of our team members who oversee and manage your processes, ensuring everything runs smoothly. If your solution requires any external licenses, those costs are also covered in this variable portion. This usage-based model allows the pricing to adjust according to your needs, providing a transparent and fair billing system that aligns with your operational demands.
Delivering Our Services: Flexible Options for You
We understand that every organization has unique needs and workflows. That’s why we offer flexible options for delivering our Trade Data Transformation and Standardization service. Whether you prefer a fully managed service where we handle everything for you, or you want to interact directly through our TradeView WebUI or integrate via our API, you can choose the method that best fits your business requirements and technical environment. We’re committed to providing a solution that fits your needs while maintaining the highest standards of security and efficiency.
Managed Service
Delegate all aspects of trade data transformation and standardization to us. We handle integration and operations without unnecesary changes to your systems, freeing your team to focus on core activities.
TradeView Web UI
The WebUI presents a clean, point-and-click interface that allows business users to interact with complex data engineering processes conveniently, without requiring technical expertise
TradeView API
For custom workflows and automations on your side, our technology-agnostic API enables you to connect from any software, seamlessly integrating TradeView into your existing systems.
Standardizing Trades with TradeView
Experience how we standardize trade data with the public version of TradeView — accessible to everyone with no login or credit card required. Each functionality comes with attached examples and provides links to additional resources, either from our blog or external sites, to enhance your understanding and make your exploration seamless.
CDM Utilities
Easily view CDM files, convert them to CSV format, or transform CSV files back into CDM. Validate CDM files to ensure they meet industry standards.
FpML Utilities
Open FpML files for viewing, convert them to CSV format, or convert CSV files back into FpML. Check FpML files for compliance with industry standards.
Let's Start a Conversation
Ready to optimize your financial data processes and drive your business forward? We’re here to help. Whether you have questions about our services, need a custom solution, or want to explore how we can support your goals, we’d love to hear from you. Get in touch with us today, and let’s unlock your data’s full potential together.
Building Tailored Solutions: Our Process Explained
From consultation to prototype to ongoing collaboration, here's how we tailor our service for you.
01
Initial workshop
Our journey begins with an in-depth initial workshop where we engage with your team to collect detailed information about your needs. This collaborative session allows us to gain insights into your trade data processes and identify areas where our services can add the most value.
Result: A report summarizing our findings, including key insights into your current processes, pain points, and opportunities for improvement.
02
Solution concept
Based on the insights gathered, we develop a tailored solution concept designed to address your specific challenges. Our team creates a strategic plan that outlines how our services will integrate with your systems, transform your trade data processes, and meet your objectives.
Result: A detailed solution description, typically presented in diagrams and workflow charts, illustrating how the proposed solution will function within your environment.
03
Building a prototype
Upon your approval of the solution concept, we swiftly move to build a prototype to demonstrate the practicality and effectiveness of our proposed solution. This prototype serves as a working model, allowing you to see the solution in action and provide feedback. This phase usually takes three business days.
Result: A minimum viable product (MVP) showcasing the core functionalities of the solution, enabling you to experience its potential benefits firsthand.
04
Target solution
After refining the prototype based on your feedback, we proceed to develop the full-scale, production-ready solution. Our team focuses on ensuring that the solution is robust, efficient, and seamlessly integrated into your existing systems. This development phase typically takes up to eight weeks.
Result: A fully functional, production-ready workflow that enhances your data management processes, ready for deployment in your operational environment.
05
Ongoing cooperation
We engage in ongoing cooperation to ensure that the implemented solution continues to meet your evolving needs. We deliver results on an agreed schedule, continually monitor performance, and make necessary adjustments to optimize efficiency.
Result: Continuous improvement of your data processes, leading to increased efficiency, reduced operational burdens, and better data quality within your organization.
Ask about the problem you want to solve
Most of our processes are bespoke and tailored to specific client needs. Ask about your company’s situation and we will tell you if we can help.
FAQ
Most frequent questions and answers
No, they are not paid. This is our investment into understanding your situation and tailoring a solution that fits your needs.
If the prototype is very specific to your situation, then yes, it is paid. You will pay three times the estimated monthly subscription fee.
It depends on the client, but usually, the first contract is for 24 months.
You can pay monthly or yearly. There is a discount available for yearly payments.
We support various data formats, including Excel, CSV, JSON, and industry-standard models like FpML and CDM. We also integrate with proprietary data models specific to your organization.
Absolutely. We offer ongoing cooperation and support to ensure the solution continues to meet your needs effectively.
After the prototype is approved, building the target solution usually takes up to eight weeks.
Our pricing model is flexible. The variable part of your fee adjusts based on the number of records or the amount of data processed, so we can scale with your needs.
Yes, if you choose to access the TradeView platform for self-service operations, we can provide training to ensure your team is comfortable and proficient with the tools.
Simply contact us to schedule an initial workshop. We’ll begin by understanding your needs and proposing a tailored solution for your organization.
Still have questions?
Feel free to reach out to us, and we’ll be happy to provide more information.
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Let's Start a Conversation
Ready to optimize your financial data processes and drive your business forward? We’re here to help. Whether you have questions about our services, need a custom solution, or want to explore how we can support your goals, we’d love to hear from you. Get in touch with us today, and let’s unlock your data’s full potential together.
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