Manueller Lizenz- und Nutzerverwaltungsaufwand für Marktdaten

Definition

ASX describes a wide range of Information Services, including real‑time and delayed market data, Market Detail (depth), non‑display usage, delayed distribution, benchmarks (BBSW, AONIA) and ‘New Original Works’ (derived data and indices), each with separate licence requirements and fee structures.[1][4][6] Distributors are required to control entitlement systems, have direct agreements with all End Users or Subscriber Firms, and in some cases pay indirect market access fees per production feed.[4] Benchmark data licences include different rights for internal use, redistribution, and historical data beyond 10 days, with separate subscription agreements and additional charges for certain uses.[1][7] Third‑party APIs like Twelve Data explicitly require that any external display of ASX data is backed by the appropriate ASX licence, meaning internal teams must continuously check intended usage and coordinate with ASX for authorisation.[3] In practice, this results in manual workflows to: classify new systems as display or non‑display; determine whether use is internal or redistribution; maintain inventories of datafeeds; track which clients hold which licences; and assemble periodic usage reports for ASX. For mid‑size brokers and data vendors, this work typically absorbs a part‑time FTE in market data management plus recurring involvement from Legal and Compliance. Assuming blended internal costs of AUD 80–120 per hour for specialist staff, 300–1.000 hours per year of manual effort equates to AUD 24.000–120.000 of capacity that could otherwise support revenue‑generating projects.[4][6]

Why This Matters

The Pitch: Wertpapierhandelsplätze und Broker in Australien 🇦🇺 verbrauchen jährlich 300–1.000 Stunden an hochbezahlter Fachzeit für manuelle ASX‑Lizenz- und Nutzerverwaltung. Automating entitlement tracking, approval workflows and reporting frees up the equivalent of AUD 50.000–150.000 in productive capacity.

Affected Stakeholders

Market Data Manager / Vendor Manager, CFO / Financial Controller, Head of Product (trading & data products), Compliance and Legal teams, IT Operations / Entitlement and Identity Management, Sales and Account Management for data products

Related Business Risks