DataBP Announces Agreement with Miami International Holdings to Optimize Market Data Services

New York, Nov. 19, 2024 (GLOBE NEWSWIRE) — DataBP, a leading provider of market data commercialization and licensing management solutions, today announced that it has entered into an agreement with Miami International Holdings, Inc. . (MIH), a technology company-motivated leader in the creation and operation of regulated financial markets across multiple asset classes, to use the DataBP platform to help manage its data licensing processes.

By integrating DataBP’s advanced platform, MIH will streamline data licensing processes, automate vendor reporting and simplify billing operations. Customers and suppliers will benefit from a modern, user-friendly portal that improves the efficiency of data usage reporting, enabling a more transparent experience.

Mark Schaedel, CEO of DataBP, expressed his excitement about this collaboration: “We are delighted to welcome MIH to our global exchange network that is digitizing and growing their market data business. As market data becomes an increasingly critical element of growth strategies, our platform ensures a smooth and scalable process. to manage data licensing relationships, allowing MIH to focus on improving the customer experience.

Doug Schaefer, executive vice president and chief information officer of MIH, highlighted the value of this agreement: “Using DataBP’s software supports MIH’s commitment to providing industry-leading market data service to our clients by providing our client services team with a powerful platform. form of licensing and data reporting. DataBP’s market data expertise is invaluable as we meet the needs of our growing customer base while optimizing our internal processes.

MIAX® offers a wide range of data services to meet the unique needs of its customers, including real-time and historical data services available via portable storage devices and low-latency direct feeds from all of its exchanges.

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About DataBP

DataBP is a global leader in market data commercialization and licensing management. The company offers comprehensive solutions that digitize and streamline the management of market data activities for exchanges and data providers. The DataBP platform provides a unified solution for managing data licensing, vendor reporting and billing processes, ensuring efficiency and scalability. By partnering with exchanges around the world, DataBP helps clients maximize the value of their market data while improving customer experience.

About MIAX

MIAX’s parent holding company, Miami International Holdings, Inc., owns Miami International Securities Exchange, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), MIAX Sapphire, LLC (MIAX Sapphire), MIAX Futures Exchange, LLC (MIAX FuturesTM), LedgerX LLC d/b/a MIAX Derivatives Exchange (MIAXdx), The Bermuda Stock Exchange (BSX) and Dorman Trading, LLC (Dorman Trading).

MIAX, MIAX Pearl, MIAX Emerald and MIAX Sapphire are national securities exchanges registered with the Securities and Exchange Commission and enabled by proprietary technology developed in-house by MIAX. MIAX offers options trading on all four exchanges as well as cash stocks through MIAX Pearl Equities. The MIAX trading platform was designed to meet the high-performance quote requirements of the US options trading industry and is differentiated by electronic order throughput, latency, reliability and determinism.

For more information, please contact:

DataBP Media Relations

E-mail: (email protected)

Telephone: +44 (0)20 3811 8344

CONTACT: DataBP Media Relations

Email: (email protected)

Telephone: +44 (0)20 3811 8344