Paraxis — Investment Data Solutions Contact

Case study · Asset manager

Transparency and control
within four months of a major merger.

A Tier-1 US investment manager faced a market data environment that no longer matched its operational reality. Two legacy organizations, overlapping vendor contracts, no single view of usage. Paraxis was engaged to right-size the data environment for the combined firm.

  • ClientTier-1 US investment manager
  • ContextPost-merger integration
  • Engagement4 months
  • Outcome15–20% cost reduction

The challenge

A leading investment management firm, focused on helping clients manage assets across a global marketplace, reached a critical inflection point. Following a major merger, staffing, workflows and business requirements had shifted faster than the market data environment supporting them. The result: a data environment sized for an organization that no longer existed.

  • A recent merger had fundamentally changed the firm’s staffing, workflows and business requirements.
  • The existing market data environment was built for the pre-merger organization and no longer matched operational reality.
  • No clear view of which market data services were still needed, which were redundant, and which were missing across the combined entity.
  • Urgent need to consolidate, replace, reduce and augment services with an overall objective of cost optimization.
  • Vendor contracts inherited from both legacy organizations ran in parallel, with overlapping coverage and inconsistent terms.

How we approached it

A requirements-first reset.

Paraxis conducted a comprehensive assessment of user-based requirements and applied that analysis to the existing market data environment. The engagement focused on understanding what the merged firm actually needed and re-aligning the data infrastructure to it.

  • User requirements assessment

    Detailed analysis of the user base across the merged organization. Individual and team-level data requirements mapped to actual business functions and workflows — not to the headcount the contracts assumed.

  • Market data environment audit

    Cataloged every active market data service across both legacy organizations. Surfaced the overlaps, gaps and redundancies in the combined data environment, line by line.

  • Content consolidation

    Mapped the inventory to the requirements analysis. Determined which services to retain, replace, reduce or augment for the merged firm and sequenced the changes.

  • Procurement negotiation

    Ran the renewal cycle on behalf of the firm. Right-sized contracts against actual consumption and leveraged the combined entity’s scale for improved commercial terms.

The result

Optimized — with full coverage and control.

Within four months, Paraxis identified every market data service in the combined firm and delivered a target operating model for the modified data environment. Through the requirements-based assessment and vendor negotiation cycle, savings of 15–20% were achieved — while the merged firm retained the coverage it needed to support evolving business demand. The combined entity exited the engagement with a documented inventory, a defensible licensing posture, and the procurement discipline to keep the gains in place.

  • 15–20%Cost reduction
  • 4 monthsAssessment to completion
  • 100%Services identified and cataloged
  • NewTarget operating model delivered