{"id":508560,"date":"2021-07-22T12:18:56","date_gmt":"2021-07-22T11:18:56","guid":{"rendered":"https:\/\/ibsintelligence.com\/?p=502901"},"modified":"2021-09-21T12:12:04","modified_gmt":"2021-09-21T12:12:04","slug":"kalaxis-partners-with-neoxam-to-meet-the-demands-of-market-data-costs","status":"publish","type":"ibsi_news","link":"https:\/\/ibsintelligence.com\/ibsi-news\/kalaxis-partners-with-neoxam-to-meet-the-demands-of-market-data-costs\/","title":{"rendered":"Kalaxis partners with NeoXam to meet the demands of market data costs"},"content":{"rendered":"<p><a href=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/07\/Kalaxis-and-NeoXam.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-502902 alignright\" src=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/07\/Kalaxis-and-NeoXam.jpg\" alt=\"\" width=\"175\" height=\"175\" \/><\/a><a href=\"https:\/\/www.kalaxis.com\/\">Kalaxis<\/a>, a consulting company specializing in helping financial institutions reduce their market data costs, and <a href=\"https:\/\/www.neoxam.com\/\">NeoXam<\/a>, a financial software editor serving over 170 financial institutions, collaborated to combine their knowledge and capabilities to deliver both consultancy and new software modules to support data cost optimization.<\/p>\n<p>The demand from financial institutions for specialist external consulting expertise continues, driven by a combination of factors: the continual need to reduce market data spending, complex data vendor pricing policies, a lack of transparency of operational data flows and usage, and the growing competitiveness of the various data vendors and their offerings.<\/p>\n<p>Kalaxis and NeoXam will partner to offer the proven rationalization review to identify all potential savings, delivered in a report with supportive and detailed metrics. These findings can then be provided and managed over the long term, with the non-intrusive implementation of the optimization and monitoring modules.<\/p>\n<p>NeoXam provides slicing and dicing monitoring capabilities, including alerts, which can track who is consuming what, when, and why. This solution can operate both standalone or as an add-on of the NeoXam EDM: DataHub.<\/p>\n<p>Jean-Pierre Gottdiener, CEO and Founder of Kalaxis commented. &#8220;In the last 12 \u2013 18 months, we have seen a substantial growth in demand from financial institutions of all sizes, buy and sell-side for our services. We are confident the partnership with NeoXam will prove to be very successful and result in providing our clients are more complete solution to their needs.&#8221;<\/p>\n<p>Recently, <a href=\"https:\/\/ibsintelligence.com\/ibsi-news\/neoxam-itiviti-expand-partnership-on-the-buy-side\/\">IBS Intelligence reported<\/a> that Financial software group NeoXam had announced an enhancement to its partnership with Itiviti that enables buy-side customers to exchange FIX messages with the sell-side through the NYFIX Order Routing Network as leverage NYFIX Matching to streamline the post-trade matching process.<\/p>\n","protected":false},"author":18,"featured_media":508461,"parent":0,"template":"","categories":[11395,11383,11378],"tags":[11508,15817],"class_list":["post-508560","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","category-analytics","category-big-data","category-open-banking","tag-europe","tag-kalaxis"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.9 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Kalaxis partners with NeoXam to meet the demands of market data costs<\/title>\n<meta name=\"description\" content=\"Kalaxis, a consulting company specializing in helping financial institutions reduce their market data costs, and NeoXam, a financial software\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ibsintelligence.com\/ibsi-news\/kalaxis-partners-with-neoxam-to-meet-the-demands-of-market-data-costs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kalaxis partners with NeoXam to meet the demands of market data costs\" \/>\n<meta property=\"og:description\" content=\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride in covering 400+ technology vendors globally \u2013 the largest by any analyst firm in this space.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ibsintelligence.com\/ibsi-news\/kalaxis-partners-with-neoxam-to-meet-the-demands-of-market-data-costs\/\" \/>\n<meta property=\"og:site_name\" content=\"IBS Intelligence\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ibsintelligence.cmc\/\" \/>\n<meta property=\"article:modified_time\" content=\"2021-09-21T12:12:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/07\/Kalaxis-and-NeoXam.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"240\" \/>\n\t<meta property=\"og:image:height\" content=\"240\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@IBSIntelligence\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/kalaxis-partners-with-neoxam-to-meet-the-demands-of-market-data-costs\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/kalaxis-partners-with-neoxam-to-meet-the-demands-of-market-data-costs\/\"},\"author\":{\"name\":\"Joy Dumasia\",\"@id\":\"https:\/\/ibsintelligence.com\/#\/schema\/person\/8901a347240172792175887327383897\"},\"headline\":\"Kalaxis partners with NeoXam to meet the demands of market data costs\",\"datePublished\":\"2021-07-22T11:18:56+00:00\",\"dateModified\":\"2021-09-21T12:12:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/kalaxis-partners-with-neoxam-to-meet-the-demands-of-market-data-costs\/\"},\"wordCount\":292,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ibsintelligence.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/kalaxis-partners-with-neoxam-to-meet-the-demands-of-market-data-costs\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/07\/Kalaxis-and-NeoXam.jpg\",\"keywords\":[\"Europe\",\"Kalaxis\"],\"articleSection\":[\"Analytics\",\"Big Data\",\"Open Banking\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/kalaxis-partners-with-neoxam-to-meet-the-demands-of-market-data-costs\/\",\"url\":\"https:\/\/ibsintelligence.com\/ibsi-news\/kalaxis-partners-with-neoxam-to-meet-the-demands-of-market-data-costs\/\",\"name\":\"Kalaxis partners with NeoXam to meet the demands of market data costs\",\"isPartOf\":{\"@id\":\"https:\/\/ibsintelligence.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/kalaxis-partners-with-neoxam-to-meet-the-demands-of-market-data-costs\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/kalaxis-partners-with-neoxam-to-meet-the-demands-of-market-data-costs\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/07\/Kalaxis-and-NeoXam.jpg\",\"datePublished\":\"2021-07-22T11:18:56+00:00\",\"dateModified\":\"2021-09-21T12:12:04+00:00\",\"description\":\"Kalaxis, a consulting company specializing in helping financial institutions reduce their market data costs, and NeoXam, a financial software\",\"breadcrumb\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/kalaxis-partners-with-neoxam-to-meet-the-demands-of-market-data-costs\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ibsintelligence.com\/ibsi-news\/kalaxis-partners-with-neoxam-to-meet-the-demands-of-market-data-costs\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/kalaxis-partners-with-neoxam-to-meet-the-demands-of-market-data-costs\/#primaryimage\",\"url\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/07\/Kalaxis-and-NeoXam.jpg\",\"contentUrl\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/07\/Kalaxis-and-NeoXam.jpg\",\"width\":240,\"height\":240},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/kalaxis-partners-with-neoxam-to-meet-the-demands-of-market-data-costs\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ibsintelligence.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Kalaxis partners with NeoXam to meet the demands of market data costs\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ibsintelligence.com\/#website\",\"url\":\"https:\/\/ibsintelligence.com\/\",\"name\":\"IBS Intelligence\",\"description\":\"Financial Technology News &amp; 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