About Reference Data Center Pricing

The Reference Data Center Prices module is a processing and workflow tool to manage daily and/or monthly pricing processes. The main goal is to produce Gold Copy Price records for a given Effective Date and fixed set of securities either from raw prices received from multiple Vendor Sources or Prior Day Gold Prices. To achieve this goal, RDC Prices uses Data Strategies, which encapsulate all the necessary conditions to satisfy, and actions to take. Managing prices within RDC Prices includes:

• Creating/Demanding a vendor-requested list of security prices.

• Sending the Demand List to vendors listed in the Source Hierarchy Rule.

• Using Source Hierarchy Rules and Validation Rules to analyze the Vendor Data received to determine single best Gold Copy security prices.

• Pushing the selected prices to the Gold Copy.

• Applying any Price Adjustments to the Gold Copy.

• Querying and maintaining security prices.

• Exporting Gold Copy security prices to downstream Pricing, Performance, and Reporting systems.

Benefits of RDC Prices

There are many benefits to using RDC Prices. These include the below:

• Provides a single dashboard to manage high volumes of security pricing from multiple sources, on multiple exchanges, and in multiple currencies.

• Allows you to realize cost savings by eliminating price requests for securities not currently held.

• Automatically validates and releases prices, including re-validation after price changes, which results in less manual user interaction and fewer errors.

• Allows you to manually scrub only prices to be used by accounting or other downstream systems.

• Allows for immediate mutual fund valuations after prices are released, when used with the Eagle STAR accounting engine.