Unlock the Full Value of Your Market Data Licences

Our data rights management automation ensures compliance, increases usage, and transforms how you manage market data licencing at scale.

Contact Us

Designed for the Market Data Supply Chain

📊

Asset Managers

From research desks to risk teams, Deontic Data helps you take control of your data usage and governance. Our platform standardises the way data is stored, making it easier to manage, audit, and align with licensing terms. Instantly understand what data you have, who is authorised to use it, and for what purpose.

🏦

Investment Banks

We accelerate your path from data purchase to productive use by delivering automated insights into complex market data contracts. Our platform reduces delays in understanding rights and permissions, so your teams can quickly access and manage data with confidence, streamlining discovery and compliance.

📉

Hedge Funds

Whether supporting discretionary trading or complex algorithmic strategies, our platform helps you onboard and offboard data quickly and confidently. We ensure data usage stays within licenced boundaries by clearly defining who can use what data, where, and for what purpose, accelerating processes while reducing risk.

🏢

Corporate Market Data Users

From treasury departments to risk management teams, we support product maintenance and ensure compliance by bringing clarity to your data licences. Our automated platform delivers instant answers to licencing queries while maintaining complete auditability across all business units.

📈

Market Data Vendors

We empower data vendors to efficiently manage and oversee the data they sublicence and distribute. Our platform eliminates operational friction by enabling teams to move faster with confidence, ensuring compliance without the constant need for legal oversight.

⚖️

Compliance & Risk Teams

Strengthen data governance with real-time licence updates and comprehensive audit trails. Every data output comes with precise citations drawn from original documents, giving you full visibility into the source and context of each data point for confident regulatory adherence.

Machine-Readable Intelligence That Simplifies

🧠

Microscopic Precision Analysis

While others offer basic summaries, our LLMs delve into the fine print with unparalleled granularity. We meticulously extract every clause, every line item, every nuance delivering complete visibility and control.

🔍

Context-Aware Intelligence

Our LLMs provide context-aware market data management, going beyond simple keyword or rule-based automation. Experience more accurate, more intelligent contract processing that understands meaning, not just text.

Hands-Free Processing

Stop paying for manual contract combing. While others send in teams to sift through documents, our platform instantly transforms raw PDFs into actionable insights, eliminating the human bottleneck with minimal intervention required.

How It Works: From Licence to Automation

Our machine-learning pipeline transforms complex licence documents into actionable intelligence, ensuring compliance by answering three critical questions: What data do I buy? Who can use it? What can I do with it?

The Deontic Difference: Our platform is designed to process market data licenses with minimal human intervention, streamlining contract review and enhancing both speed and accuracy. This approach offers an alternative to traditional manual review workflows, helping teams focus on higher-value tasks.

Automated Applications

🔍

Browsable Licence Store

View your contracts with clear breakdowns of permissions, obligations, and requirements. Citations are provided, allowing full traceability to the original contract text, supporting confident decision making and compliance.

🤖

AI Market Data Assistant

Ask any question, anytime. Our chatbot provides instant access to granular contract data with precise citations, enabling you to verify the source and context of every response.

📚

Data Catalogue

Searchable directory designed to help you discover and explore your available data. Easily understand what data you have, enabling better access and usage.

🔐

Dynamic Access Control

Real-time enforcement with comprehensive change tracking. Our automated platform monitors contracts for updates and generates the instructions needed to guide your access control systems to ensure compliance.

Precision Compliance Checker

Continuous monitoring with detailed audit trails. Every piece of information comes with precise citations, fostering trust and maintaining unwavering regulatory compliance.

The Result: Instantaneous, Precise, Verifiable

Experience granular contract analysis, licence updates, and cited query responses. From PDF to precision, our platform empowers you with detailed data and verifiable insights, all while seamlessly integrating with your existing systems. We extract the crucial terms, rights, and obligations from your contracts, turning complexity into clarity.

About Deontic Data

At Deontic Data, we're transforming how businesses understand and manage market data licences. Today's licencing environment is complex, manual, and high-risk, making it difficult to move quickly while maintaining compliance. Our platform uses machine learning to extract key terms from dense legal documents, master agreements, order forms, and exchange fee schedules, and turns them into structured, searchable intelligence. This allows teams to instantly answer three critical questions: what data do you buy, what can you do with it, and what must you do to remain compliant.

Whether through a natural language chatbot, a centralised licence catalogue, or integrated access controls, Deontic Data helps organisations make faster decisions, reduce operational risk, and stay audit-ready. We bring clarity, control, and compliance to the heart of your data operations, so your business can move faster, with confidence.

Open Standards

We build on open, interoperable standards to ensure our platform fits seamlessly into the market data supply chain. As active contributors to the W3C Rights Automation for Market Data Community Group, we're helping to shape a standardised, machine-readable framework for data licences. This foundation enables every player in the supply chain, from data vendors to end users, to benefit from clearer rights expression, streamlined integration, and enforceable compliance.

BW

Benedict Whittam Smith

Founder

Ben is a recognised leader in rights automation and market data governance, with over a decade of experience placing intelligent automation at the heart of data licencing and compliance infrastructures.

As co-chair of the W3C Permissions and Obligations Expression Working Group, Ben led the development of ODRL (Open Digital Rights Language), the global standard for machine-readable rights statements. His work enables automated policy enforcement across the financial services industry.

Previously at Refinitiv (formerly Thomson Reuters), Ben architected scalable rights management systems serving global financial institutions, while leading cutting-edge research into privacy and regulatory controls automation. He now co-chairs the W3C Rights Automation for Market Data Community Group, driving industry standards that power the next generation of data commerce.

GD

Georgia Dean

Product

Georgia began her career in content governance before completing a Master's degree in Data Science and Artifical Intelligence at Queen Mary University of London.

Georgia joined Deontic Data in 2023 in a hybrid technical product and AI engineering role, where she played a key role in building the company's machine-readable rights infrastructure. Today, Georgia leads product development at Deontic Data, shaping the design and functionality of the platform and working closely with engineering to translate complex user needs into intelligent, automated solutions.

MP

Mike Puddephat

Tech Lead/Senior Software Engineer

With over 25 years of experience designing and delivering scalable, secure, and resilient enterprise systems, both on premises and in the cloud, Mike brings deep technical leadership to rights automation.

Previously at Refinitiv, Mike led the development of a business product catalogue that enabled the consolidation, discovering, and analysis of commercial rights and obligations, driving major improvements in content-related business operations.

Mike also holds a PhD in Medical Imaging and a MSc in Pure Mathematics.

BH

Benjamin Hocking

Forward Deployed Engineer

A forward-deployed engineer by background, Benjamin specialises in building mission-critical software directly inside client environments, turning business processes into automated workflows.

While studying Computer Science at the University of Bristol, Benjamin founded several bespoke-software ventures, delivering end-to-end solutions for medium sized organisations.

Benjamin joined Deontic Data in 2024 and continues to embed with customers, deploying rights-aware data pipelines and compliance automations that integrate with existing stacks.

LM

Laura Murphy

Customer Success

Laura is a University of Bristol graduate and also holds a Postgraduate Diploma in Law. She brings a strong foundation in law and client-focused service to her role at Deontic Data.

Before joining Deontic Data, Laura gained valuable legal experience working at a law firm in London where she developed a keen understanding of legal processes and refined her skills in client engagement.

At Deontic Data, she supports product development and customer success, helping ensure that the company's offerings are practical, relevant, and aligned with user needs.

Built on Industry Standards

ODRL Framework

Built on the W3C Open Digital Rights Language standard, ensuring interoperability and future-proof rights expression across all major data vendors and platforms.

Advanced NLP & LLMs

Our language models are trained specifically on financial licencing terminology, capable of parsing complex legal documents with unprecedented accuracy.

Policy-Based Architecture

Flexible, rule-based system that adapts to your organisational policies and needs, without requireing changes to your existing internal system. We fit into your infrastructure, not the other way around.

Enterprise Integration

Seamless integration with existing data management platforms, trading systems, and vendor portals through comprehensive APIs and standard protocols.

Ready to Transform Market Data Complexities into Actionable Insight?

Join forward-thinking financial institutions experiencing the power of truly hands-free market data management. Our LLMs don't just process data, they understand it, providing intelligence unmatched by conventional systems. Let your licences enable your processes, rather than restrict them.

Join Our Team

We're always looking for talented, mission-driven individuals to help us transform market data licencing. If you're excited about machine-readable technology, compliance, and the future of data automation, we'd love to hear from you.

Contact Us