Data rights management · for market data, compliance & procurement teams
Data rights and usage,
reconciled.
Data rights management for market data is knowing what each licence permits (display and non-display, per-user and per-application, redistribution and derived-data) and keeping real usage inside it. Firmfact keeps each licence's terms next to who is actually using each feed, so the permitted and the actual can finally be compared.
What it does
Match what you licensed to what you use
Rights next to the contract
Keep each licence's usage terms with its contract and the document they came from, so a display, non-display, redistribution or derived-data question is answered from the source, not from memory.
Usage monitoring
See who is consuming each feed and on which applications, so consumption is a fact you can reconcile against the licence rather than an assumption.
Reconcile to entitlements
Match the usage you track to what each contract entitles you to, so the gap in either direction (paying for more than you use, or using more than you licensed) is visible.
Avoid over-licensing
Find entitlements nobody uses and catch usage that runs ahead of the licence, before the next renewal locks in the waste or an audit finds the shortfall.
Why it matters
The gap between licensed and used costs both ways
Market data rights are intricate: the same feed may be licensed for display but not non-display, for a set number of users, for named applications, with redistribution and derived-data governed separately. Usage, meanwhile, drifts as people join, leave, and change desks. When rights sit in contracts and usage sits in a system nobody has connected to them, the two are never quite compared.
That gap is expensive in both directions, and it widens quietly. Rights nobody exercises renew with the contract, and usage that outruns the licence turns into a true-up bill at the vendor's next audit. Firmfact keeps each licence's terms and the usage against it side by side, so the mismatch is something you manage, not something an audit discovers.
Kept in Europe
Usage data, hosted in the EU
Who uses which data is sensitive, so firmfact runs on EU-primary infrastructure hosted in Germany, with AI processing kept to EU-first sub-processors and an audit-ready history of every change.
Part of the platform
Rights, cost and compliance in one place
Data rights and usage, answered
What is data rights management for market data?
Data rights management is keeping track of what each market data licence permits (display and non-display use, per-user and per-application terms, redistribution and derived-data rights) and making sure real usage stays within it. Firmfact keeps those terms with the contract and its source document, next to usage and cost.
How does firmfact monitor market data usage?
Firmfact tracks who is consuming each feed and on which applications and ties that to the entitlements on the contract. Usage monitoring here means reconciling that consumption against the licence, so both over-use and unused entitlements surface; it supports the review rather than replacing your licensing judgement.
How does reconciling usage to entitlements help?
It closes the gap that costs money in both directions. Entitlements nobody uses are spend worth questioning at renewal; usage that runs ahead of the licence is a compliance and true-up risk. Firmfact keeps usage and entitlements together, so the mismatch is visible before a renewal or an audit forces the question.
Can firmfact help avoid over-licensing?
Yes. By comparing actual usage with contracted entitlements, firmfact surfaces the subscriptions and seats you are paying for but not using, so you can right-size at renewal instead of paying for another year of unused rights.
Reconcile rights and usage
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