CORE
COMPLIANCE
REVIEW GROUP, INC
END USERS
Market data vendor companies have made it a priority - and in many cases have a duty to their stakeholders - to protect their intellectual property rights, including the value of those rights. And with that increasing emphasis by vendors to protect their core assets, your accountability as a compliant consumer and surrogate protector of that market data is increased as well, leaving you exposed if any material aspect of your usage exceeds the scope of your agreement. Leveraging decades of experience working with market data vendors and in intellectual property licensing, CORE-affiliated professionals assist data users in identifying their contractual, operational, and financial obligations to their data vendors. We take the time to understand your business, your contracts, and your compliance concerns both generally and specifically. By conducting a Mock Audit or Assessments of your firm's access, use, storage, and redistribution of the data, we help document non-compliance findings and noteworthy business issues where remediation, including improvements to processes and procedures, enhanced internal controls, and improved contract language, often result in the realization of lower fees, or the mitigation of retroactive fees or potential increases. A mock audit or assessment allows you to find potential red-flag issues and gives you the time to understand the issue prior to an actual audit. Mock Audits and Assessments may be beneficial to help create and maintain compliant data usage and storage habits that meet disparate contractual requirements and mitigate the risk of unfavorable audit findings. The primary objectives of a Mock Audit or Assessment are to
Market data vendor companies have made it a priority - and in many cases have a duty to their stakeholders - to protect their intellectual property rights, including the value of those rights. And with that increasing emphasis by vendors to protect their core assets, your accountability as a compliant consumer and surrogate protector of that market data is increased as well, leaving you exposed if any material aspect of your usage exceeds the scope of your agreement. Leveraging decades of experience working with market data vendors and in intellectual property licensing, CORE-affiliated professionals assist data users in identifying their contractual, operational, and financial obligations to their data vendors. We take the time to understand your business, your contracts, and your compliance concerns both generally and specifically. By conducting a Mock Audit or Assessments of your firm's access, use, storage, and redistribution of the data, we help document non-compliance findings and noteworthy business issues where remediation, including improvements to processes and procedures, enhanced internal controls, and improved contract language, often result in the realization of lower fees, or the mitigation of retroactive fees or potential increases. A mock audit or assessment allows you to find potential red-flag issues and gives you the time to understand the issue prior to an actual audit. Mock Audits and Assessments may be beneficial to help create and maintain compliant data usage and storage habits that meet disparate contractual requirements and mitigate the risk of unfavorable audit findings. The primary objectives of a Mock Audit or Assessment are to
- Identify non-compliance issues regarding your usage case prior to an actual audit so you will have the opportunity to implement corrective actions without costly ramifications.
- Enable you to improve your current operations processes and procedures, as well as enhance your security policies and practices.
- Prepare for a successful market data audit by implementing compliant processes based on our findings.
800 Westchester Avenue
Suite N-641
Rye Brook, New York 10573
914.697.7500
Suite N-641
Rye Brook, New York 10573
914.697.7500