Package 1

A SOLUTION FOR EXCHANGES AND VENDORS TO STREAMLINE THE COLLECTION AND MANAGEMENT OF MARKET DATA USAGE DECLARATIONS.

ADP Application

The Axon Declaration Portal (ADP) is an on-line portal that enables market data vendors and exchanges to collect and manage their customers’ market data usage declarations.

Computer screen showing Axon’s Application Compliance Tool to make market data administration robust and transparent

ADP Benefits

  • ADP provides market data clients with a simple to use web enabled interface via secure login, removing the need for a fragmented e-mail and spreadsheet-based process.

  • An instant view of the status of each client’s current declaration is provided by a central administration portal along with trend analysis of previous declarations.

  • Usage data collected from all clients is consolidated in a central auditable database which is exportable to in-house systems for billing or analysis.

  • Automated reminders are sent out to clients throughout the declaration cycle.