IEX Selects DataBP To Streamline Market Data Business

DataBP, an industry leader in exchange market data administration, has partnered with the Investors’ Exchange ("IEX") to enable more streamlined management of its commercial market data operations. IEX has implemented DataBP’s  market data management platform, which automates and simplifies licensing, reporting, and compliance workflows. This allows IEX to focus more on innovation while promoting seamless and efficient interactions with its data subscribers and partners. "We are thrilled to partner with IEX to support their market data operations," said Mark Schaedel, CEO of DataBP. "IEX is an innovator in the market, and by leveraging DataBP’s platform, they are reinforcing their commitment to efficiency, transparency, and customer-centric service."  Through its use of DataBP’s solution, IEX is further streamlining the administration of market data licensing, compliance, and reporting. This collaboration is expected to improve efficiency, reduce friction in the licensing process, and provide an improved experience for market participants accessing IEX data.