About DataBP
Reinventing Market Data
DataBP is the world leader in market data commercialization and a trusted partner to the world’s largest financial data providers including exchanges, index providers, trading platforms, clearing houses and data vendors. We help data providers maximize the commercial value of their data assets and services with minimal resources. We focus on efficient ways to reach global customers at scale and managing commercial relationships including the operational and administrative processes.
Our platform and managed services helps data businesses of all sizes work smarter by automating the business processes and relieving clients of the administrative burdens related to market data commercialization. As demand for data and services continues to increase and consumption methods become more diverse, DataBP’s clients are able to focus on business development, product innovation and distribution by leveraging our platform and expertise.
Our Story
During their many years of working at exchanges and end-user firms, DataBP’s principals saw first-hand the challenges holding back the market data industry. Much of this was because there were no tools on the market designed to handle the complex commercial models and workflows that data businesses require. In 2013, DataBP was founded to make these business processes as easy as online shopping. Since then DataBP’s growing set of products and solutions have steadily changed the way businesses approach data sales and operations, freeing up their teams to focus on customer relationships and creativity.
We understand that our customers often operate inside complex institutions which may limit their options with new technology. Our customizable, modular platform can integrate with any existing system or software you need to keep, providing a smooth transition to a new chapter of efficiency, reliability, and growth. Even after initial set up, we’ll continue to provide your team with the support needed to scale your business and maximize the value of your data.
Leadership
The leadership team are market data experts with decades of experience operating commercial data practices. Together they experienced the complexities of data licensing and commercial management, as well as the outdated conventional business practices used by the industry. They set out to create a platform to streamline the Data Business Process – DataBP for short.
Management Team
Brandon Baker
Founding Partner
Brandon is Co-Founder of DataBP and based in New York. Brandon has more than 20 years of experience architecting, developing, and running technology solutions for data businesses.
Mark Bird
Founding Partner
Mark Bird is Co-Founder of DataBP based in New York. Mark has over 20 years of experience in market data and building technology solutions.
Mark Schaedel
CEO
Mark Schaedel is CEO of DataBP and based in Amsterdam. Mark has more than 25 years of experience in market data commercialisation and fintech leadership.
Bin Luo
Chief Technology Officer
Bin Luo is the Chief Technology Officer of DataBP with wide-ranging background in biotech, marketing, web technology, and finance.
Ari Smukler
Head of APAC
Ari is the current head of APAC and DataBP Solution Architect based in Bangkok. Ari started in market data administration and operations.
Join Us
Our business is driven by talented people who thrive on solving problems and helping our clients. Below is a selection of the opportunities with DataBP and the full set of open roles can be seen here.
If you share our desire to help connect market data producers with consumers and reinvent the market data licensing workflow then please take a look and get in touch with us to learn more.
Resolve Revenue Leaks to Maximize Your Market Data ROI
Address inefficient licensing and reclaim lost revenue with smart data management
Contracted Revenue
It is estimated that less than half of contracted market data revenues are ever realized due to operational risk.
Audits
Audits are expensive and typically recover only a fraction of the liability.
Leakage
Leakage from non-compliant use or failure to accurately report represents a significant operational risk.
Errors
Manual processes and improper tooling often lead to costly administrative errors.
Realized Revenue
Inefficiency of Market Data Licensing
Market data licensing inefficiency is costing the industry. Changes in data consumption, poor governance, and ineffective management mean only a fraction of contracted revenues are realized.