Paraxis Investment Data Solutions
Take control of your
Market Data Spend
The institutional advisory practice for investment data. We work alongside the institutional axis of our clients — close to the decisions, not external to them.
The industry context
Why market data has become a discipline
- $50B+
- Global market data spend, and rising.
- 30%
- Of that spend goes to unused or underutilized data.
- Top 4
- Largest cost lines for financial-services firms.
- $80–150M
- Average annual Tier-1 buy-side market data spend.
Why Paraxis
A discipline built specifically for institutional market data.
Market data has become one of the largest and least-controlled expenses in front, middle and back office operations. Licensing complexity, vendor audits, and steady price increases have made data governance a discipline in its own right — one that most firms are not structurally set up to run.
Paraxis was built from former market data, vendor management and compliance leaders who have sat on both sides of the table. We understand the varying pricing structures, how audits are triggered, and how to deliver durable savings without disrupting mission-critical access. We cut waste, neutralize license risk, and keep every user, terminal and API connection properly entitled and fit for purpose.
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Efficiency
Licenses sized to actual usage. Vendors selected on total cost of ownership. 15–30% of annual data spend returned in the first twelve months.
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Transparency
A vendor inventory the client can see in full. Entitlements mapped to actual user behavior. Audit defense files maintained current as a standing artifact.
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Focus
Market data is the entire scope of the practice. We don't manage assets, we don't sell software, and we don't give investment advice.
Our clients
Who we support.
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Asset managers
Index, benchmark and reference data costs rising faster than AUM. Licensing models that punish ETF and direct-indexing growth.
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Investment banks
Real-time and historical platforms at scale. Audit posture across NYSE, Nasdaq, CME, ICE, LSEG, Bloomberg and S&P read simultaneously.
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Hedge funds
Alternative data spend defended against actual research output. Trial-to-license motions structured to keep the option to walk away.
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Private equity and family offices
A market data function spun up for a new vertical, or rationalised after a portfolio acquisition. Sized for the work, not the brochure.
How we help
Bridging market data needs and commercial reality.
Market data licensing support
Navigate complex vendor agreements.
We help clients optimize licensing strategy to reduce cost while maintaining essential coverage. Total cost of ownership, not list price.
Read moreCompliance audit support
Audit-ready, before the letter arrives.
We help clients build data-compliant programs that identify and mitigate the risks tied to vendor data use, and that hold up when a vendor audit lands.
Read moreRemediation services
Resolve compliance issues efficiently.
Address vendor compliance issues with proven remediation strategies and the vendor relationships needed to negotiate a sensible settlement.
Read moreProven results
What the work has produced.
Transparency and control within four months of a major merger.
Inventory of the combined market data environment; consolidation of overlapping feeds and licenses; right-sized contracts negotiated on the renewal cycle.
- 15–20%Cost reduction
- 4 moEngagement
- NewOperating model
20% phase-one savings across three offices on three continents.
Global current-state assessment; unified target operating model satisfying business, technology and regulatory demand; phase-one contract right-sizing on actual usage data.
- 20%Phase-one savings
- 3Continents
- GlobalOperating model
Request a Speedway Assessment
A structured baseline of your market data environment, in weeks, not months.
The Speedway Assessment is a fixed-fee, fixed-scope diagnostic of your vendor exposure, licensing posture and operating model. It produces a prioritized roadmap to reduce cost, strengthen compliance, and improve operating efficiency — a baseline document the firm keeps regardless of what it does next.
Fill out a brief form and we'll reply with the assessment scope, timing and fee.