Paris-headquartered NeoXam, a financial data management and transaction software provider, has added ICE Data Services’ pricing and reference data to its “NeoXam DataHub,” an enterprise data management platform.
ICE Data Services is part of the Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange.
As mentioned on its official website:
“NeoXam provides a full suite of solutions pertaining to the asset management industry, from local or ‘niche’ players to large global institutions and [aims to] ensure that your systems are always up-to-date with the latest features required by your internal and external clients.”
NeoXam’s clients will be able to access price feeds, fixed income evaluated prices, and reference data, which will be provided by ICE Data Services. This data may be accessed via NeoXam’s DataHub, a repository and data management tool used by investment managers, banks, institutional investors and various other financial industry participants.
The NeoXam DataHub can normalize data sets to fit the formatting requirements of asset management companies or banks.
Florent Fabre, chief operating officer at NeoXam, stated:
“This collaboration couldn’t have come at a better time. Data management has always been important for financial institutions, but the rapid changes we’re seeing in global market structures make enterprise data management even more important now than in the past.”
Fabre added:
“By integrating ICE Data Services data into our platform, we’re able to bring another recognised data provider to our global client base.”
Anthony Belcher, head of ICE Data Services (EMEA), noted:
“With the evolving global financial services market, quality, real-time information and market data is more critical now than ever before.”
NeoXam solutions handle over $14 trillion worth of assets per day and serve more than 10,000 users. The company assists both buy- and sell-side players in capital markets across the globe.
The NeoXam software suite comes with investment management, data management, accounting, and digital accounting solutions.
