Content Management

Unlike any other direct-feed vendor on the market, ACTIV seamlessly integrates a fully managed datafeed support team without compromising latency. The ACTIV database administration (DBA) team is experienced in managing real-time feeds and is supported by a sophisticated workflow and verification software suite to improve the timliness and accuracy of the data management process.

ACTIV is responsible for cleansing and adjusting our real-time and time-series databases to account for:

• IPOs, delists, symbol changes, dividends and splits.
• Option expiration, new and deleted contracts, leap rollbacks and corporate actions leading to additional underlyings.
• Data corrections reported by voice or email by the exchanges.
• etc.

In addition, ACTIV sources and maintains value-added data such as:

• Navigation data and chaining.
• Reference data such as names and currencies, where not carried on the source feed.
• Root-level information such as contract descriptions, trading hours, deliverable terms for futures, options and future options.
• Etc.

The ACTIV team uses a combination of manual data entry, automatic text readers and file download processes to consolidate and clean the information which comes from a mixture of sources, including newswires, regional exchanges and governing bodies such as the OCC.

Automated crosschecks and verification help to ensure optimum data quality in both ACTIV and client-sited systems.