DataGenicGroup | Service Model

Managed Data ServiceYour complete data access point

DataGenic provides a comprehensive data aggregation service for energy market participants for mission critical market data sources and financial information. Ensuring the highest standards of quality, timeliness and reliability, data is made available in a number of formats and distribution methods.

Data quality and availability are the two biggest drivers to increase operational efficiency, meet regulatory objectives and take control of operational risk. In order to achieve this, the data needs to be available across business and technology silos and be managed as an enterprise resource. Once firms start managing data as a strategic asset rather than an operational necessity, they can transform existing business processes to achieve their corporate objectives: delivering superior service to their customers, achieving significant operational efficiencies and developing innovative products and services.

Quality & Timeliness

The value of high quality data is realised only when it powers your critical business processes and applications, on time and with the relevant content. DataGenic can create, validate and publish a trusted golden copy in real time and in multiple formats. Our extensive syntactic checks together combined with our workflow process and message alert system, provide the system or user with critical delivery information for the business applications.

Trust

Above all else, our customers need high quality data to reduce risk and improve decision making. The only way to achieve complete and consistent data coverage is to combine data vendor and internal data into a "Golden Copy". We develop solutions that create a single, high quality source of trusted data.

Flexibility

DataGenic data management solutions make it easy to access standard content from leading data vendors without lengthy implementation projects. When data and processes are client-specific, we provide user-friendly tools and unparalleled data management expertise to configure and extend our data-model, business rules and user interfaces.

Extending the data delivery service to the next level

Data Acquisition:
DataGenic extensible component libraries make it easy to obtain standard content from leading market data vendors, reducing the cost and risk associated with feed-integration projects. For other internal and external data sources, DataGenic offers a comprehensive set of components.

Data Processing:
All data received is translated into a normalized XML structure (GDMX), and at this point any validation, edit, cleansing and transformation logic can be applied.

Data Notifications:
Clients can subscribe to over 40 pre-defined data alert messages, alerting you in real-time to both syntactic and statistical validation checks. All notifications are configurable, extensible and play a key part in the data management workflow processes.

Golden Copy Creation:
This real-time process transforms cleansed and validated data into trusted data through further enrichment, completeness checks, hierarchy validation and data democracy.

Data Maintenance:
Genic Workflow and exception-management reporting help to quickly identify issues and help to resolve any failure of creation of the golden copy.

Data Distribution/Publishing:
Once the Golden Copy or trusted data set is available, DataGenic delivers this trusted data to consuming business applications, using a flexible any-to-any publishing framework. DataGenic philosophy and approach to data management are driven by our vision of the central role of trusted data across the enterprise.

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Supporting Material

Genic DataHub