NeoXam expands the Refinitiv partnership to deliver a greater data choice

By Joy Dumasia

NeoXam, a leading financial software company, has strengthened its ties with Refinitiv to provide market participants with more excellent choices and simplification over their data.

Refinitiv will provide a reference, pricing, ESG, regulatory and tax data sets, and more, while NeoXam will disseminate and provide quality control through its NeoXam DataHub platform. The partnership enables financial institutions to connect to critical data sources seamlessly without putting additional strain on IT infrastructure.

Through the NeoXam DataHub, asset managers and other market participants can connect to new data sources in much less time and at less cost compared to legacy data management or in-house solutions. The NeoXam DataHub addresses the challenges of aggregating and managing vast amounts of reference and market data to accurately manage and report financial positions.

Philipp Sfeir, NeoXam’s General Manager in the region EMEA North, added: “This partnership is pivotal to help the financial industry address their pressing challenges. Refinitiv’s scope, quality and connectivity of information combined with our established DataHub platform is already providing our customers with more choice. As the market landscape evolves, we will continue to support firms seeking to efficiently respond to the explosion in data volumes in order to meet their client obligations.”

NeoXam is a financial software company delivering solutions and services for 160+ customers in 25 countries worldwide. Refinitiv is one of the world’s providers of financial markets data and infrastructure. With $6.25 billion in revenue, more than 40,000 customers and 400,000 end-users across 190 countries, Refinitiv is powering participants across the global financial marketplace.

IBS Intelligence also reported that Refinitiv, one of the world’s financial markets data and infrastructure providers, announced that the EPIC Platform from GIACT and World-Check are now together and accessible via a single API.