TRG Screen, a provider of enterprise subscription management solutions, has introduced Optimize Insights to unlock new insights and reporting capabilities within Optimize Spend, its market data management software platform.
“Market data costs are escalating and need to be controlled. Firms need sophisticated, granular and flexible insights in self-service dashboards with drilldown capabilities and interactive reports powered by business intelligence and data visualization tools,” said Richard Mundell, Chief Product Officer for TRG Screen.
Optimize Insights delivers this and more – it’s a paradigm shift. Market data teams no longer need to sift through large buckets of data to get answers they need or build their own analytics tools, instead they are delivered actionable insights that pinpoint opportunities to optimize market data spend,” he added.
Optimize Insights sits at the heart of TRG Screen’s new Optimize platform, launched in 2020.
Market data teams benefit from detailed, data-driven intelligence that they can deliver to their internal business users, allowing them to fully optimize their spend and usage.
While it offers an intuitive visual analytics platform for proactive market data management, it also supports other complex, high value enterprise subscriptions, such as research, telecoms, IT and software.
Optimize Insights tells the story of a firm’s market data subscription landscape with automated trend analysis that explains why costs are changing.
It combines underlying data on spend and usage to provide tailored insights with powerful calls to action to help firms optimize market data spend.
Key features in this first release allow users to see the high-level picture based on the requirements of their role before drilling into the detail, and includes:
- Insights Library: Specially curated library of story-based visualizations and dashboards
- Dashboard Studio: Interactive dashboard designer allows users to create their own dashboards.
- Pivot Studio: Intuitive web-based pivot table interface to manipulate underlying data with slice-and-dice drag-and-drop analytics and visualization capabilities.
Optimize Insights is available to customers of Optimize Spend. It is part of the base system with nothing additional to license, securely hosted in the cloud. As a modern SaaS application, it will be continually enhanced over time, driven by customer feedback, with new features, further datasets and additional insights.
Optimize is a completely flexible and scalable platform, able to deliver value to firms with only a few vendor relationships through to those managing hundreds of millions of dollars of subscriptions. TRG Screen enables more than 500 organizations worldwide to monitor and manage their high value enterprise subscriptions, delivering up to 30% cost savings.
Source: TRG Screen