Typical outcome: 10 to 15% reduction on annual market-data spend, often $5M to $75M in year-one savings.
Bloomberg BPIPE renegotiation, $9B equity fund
ICE license consolidation, $4.2B macro fund
Multi-vendor consolidation, $7.5B multi-strat fund
Legacy renewal at $12.5M annually. Usage audit identified low-utilization entitlements across desks. Licensing tiers restructured based on actual access data.
Outcome: 12% reduction — $1.5M saved annually
Duplicate licenses running across strategies. Consolidated overlapping ICE licenses, adjusted seat counts, and negotiated volume discounts.
Outcome: 10% reduction — $800K saved annually
Redundant feeds from Bloomberg, FactSet, ICE, and niche vendors. Delivered a staged consolidation roadmap eliminating overlapping data across strategies and desks.
Outcome: 15% reduction — $3.5M saved annually
A full review of your vendor contracts and usage data. We identify what you’re overpaying for and renegotiate directly with your vendors.
Ongoing vendor management, monthly spend analytics, and renewal planning. We stay on so savings don’t erode at the next contract cycle.
Full integration with your data infrastructure, real-time spend visibility, and a dedicated point of contact across all vendors.
Joseph Staropoli founded Managed Market Data after 8+ years managing market data contracts at institutional firms, including time as a quantitative institutional trader, with particular depth in quantamental and fixed income strategies. He has been the buyer, the manager, and the negotiator. He knows how vendors price their contracts, where they have room to move, and what funds are overpaying for before he walks in the door. He is a subject matter expert in quantamental fixed income strategies, and services a mix of micro and macro hedgefunds, asset managers, and private equity firms
Ready to see what you’re overpaying for? Book a 30-minute consultation.