Netik Market Data is a value-added plug-in application that plugs into the Netik InterView™ platform and fully leverages the platform’s powerful components – such as the Data Portal for all data management as well as the data warehouse and Information Portal technologies.

This unique combination is the industry’s first truly dynamic data hub delivering the most comprehensive reference data management solution available today.

The reference data management problem domain maps to fundamental core competencies of Netik as expressed by Netik’s ‘conceptual atom’:

• Integration - with data vendors and down-stream systems
• Processing - required in merging data from multiple sources
• Workflow - around editing and releasing changes
• Matching - of data to locate the single version of the truth
• Reporting - on what has happened

Therefore, unlike competitive offerings, Netik’s approach is to utilize these competencies to provide a robust data store for securities reference data inside a ‘fit-for-purpose’ value-added plug-in application. The advantage of this approach is that it allows Netik’s core data warehouse itself to act as one of the distribution targets of this application and allows the warehouse to hold only the securities/issue data that is necessary for its highly efficient reporting role. In this way, the data warehouse does not have to carry the overhead of the full reference data application.