Data drives business. But why can't it be easier to find and use?
It may start with a single vendor, but sooner or later you need to source data from a second place, then a third... With each new source, comes a new format, new acquisition interface, and new license restrictions.
Large commercial data vendors make changes to their deliveries, on average every 12-18 months. Smaller ones more often. So if you have just five vendors, you are probably tweaking or at worst, completely rebuilding at least one interface per month.
Unfortunately it doesn't end there. Not all data is equal and you may not get everything you expect from a new source. Often, data needs to be enriched or additional aggregation or calculation needs to be done before it can be used.
If you read the contracts from most commercial data vendors, there will be a clause somewhere stating that you accept the data 'as is', with no responsibility for accuracy etc.
So how can you trust the data you rely on?
In a nut-shell, Spoon will help you to Source, License, Acquire, Homogenise, Enrich and then Deliver all of your data, in the manner you want, in the format you want. Arching over all are the Quality Control processes developed together with you and the Process Control system so you can see the exact status of your data at any time. You are in control
Spoon was founded by Market Data professionals with many years experience working in the back-offices of large financial institutions. We have worked with all of the well known market data vendors, index companies, economics sources and central banks.
We know that each client has different needs and expectations. That's why we don't have any 'standard' products. We will tailor your service to your requirements, to keep you in control of your data.
Get in touch today and let's see what we can achieve together.