Press ·
Firmfact wins Most innovative market data project/initiative at the IMD & IRD Awards 2026
A milestone in our work to make market data costs, contracts and operations easier to manage.
Firmfact has won Most innovative market data project/initiative at the Inside Market Data & Inside Reference Data Awards 2026, hosted by WatersTechnology.
The category recognises innovation in market data, with judging criteria that emphasise accuracy, transparency, operational robustness and scalability. For us, the award is a meaningful milestone in building software for the people responsible for managing market data every day.
“With plans to extend the platform across the wider market data ecosystem, firmfact offers a compelling example of how AI can, and should, be applied to transform stubborn, operational problems.”
Keeping the facts current with less work
Market data teams work across vendor agreements, exchange licences, invoices, subscriptions and internal cost allocations. Answering a straightforward question, such as what a department spends or which users need a service, can require information from several systems and spreadsheets.
Firmfact brings these together. Contracts, invoices, allocations and usage sit alongside one another, giving market data, finance and procurement teams a shared view of their obligations and spending.
Our focus is on reducing the work required to keep that view accurate. Firmfact’s document inbox accepts forwarded contracts, invoices and vendor files. AI assists with extracting and matching information to the right contracts and entries, with human review where teams need it. The aim is to make incoming documents useful in daily operations as quickly as possible.
From connected facts to better decisions
That approach supports the work market data teams need to get done:
- Understand the spend. See costs by vendor, department and user, with allocations connected to the underlying subscriptions.
- Check the invoice. Reconcile charges against the contract and investigate discrepancies in context.
- Explain what changed. Retain the history of contracts, allocations and corrections so reviews start from the facts.
We believe innovation matters most when it improves these everyday tasks. Keeping the facts current gives teams a stronger foundation for renewal discussions, budget decisions and vendor reviews.
Built around the people doing the work
Firmfact is developed by Dutchcode B.V. in the Netherlands, with EU-hosted primary infrastructure for customer data. Our founder has been building software in this industry since 2001, and we are independently owned and self-funded.
We are proud of this recognition and grateful to the people who contribute their experience and feedback to firmfact. Our focus remains the same: help market data teams spend less time maintaining scattered spreadsheets and more time making informed decisions.
See firmfact in practice.
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