DClear Utilities Launches Data Dictionary Utility
to Reduce Data Management Cost
March 29, 2010 07:18 AM Eastern Daylight Time
LONDON--(EON: Enhanced Online News)--SmartStream Technologies, the financial Transaction Lifecycle
Management specialist, today announced the availability of the DClear Data Dictionary, a new utility providing a
structured information portal for all exchange and data provider documentation.
The Data Dictionary is part of DClear Reference Data Utility, available as a standalone solution for firms
looking to standardise, quantify and accelerate the translation of documentation. It simplifies the process of
integrating new data providers and feeds into the client’s environment and improves data quality by reviewing,
researching and verifying vendor feed documentation to ensure complete accuracy.
As a result, the DClear Data Dictionary eases the pain of intricate documentation analysis by organising the
information in logical categories, and making them viewable through a web interface. It also enables firms to lower
costs by removing the need for dedicated in house teams that update and refine the data definitions.
John Mason, CEO of DClear, commented: “The cost of building and maintaining a data dictionary internally requires
a substantial investment in resources, both in terms of capital and time. It also creates a significant operational
overhead due to the ongoing upkeep required to collate, verify and maintain the data definitions.
DClear’s utility approach removes this cost and uncertainty around staffing by ensuring definition information is
always available, with clients only paying when they need to use the information. As a result, firms not only receive
better quality data and achieve their global coverage requirements but do so at a fraction of the cost compared to
managing it internally.”
DClear, SmartStream’s Utility solution, delivers hosted Utilities that create flexibility and control through
common processing. DClear’s utilities offer the