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firmfact

Last updated: 2026-09-30

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45 reach 0 · trust 10 · quality 20 · freshness 15
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listed
llms.txt
https://firmfact.com/llms.txt
llms-full.txt
https://firmfact.com/llms-full.txt
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11
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12263 bytes
Registered
2011-10-29
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2026-10-24T09:41:25.371Z
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2026-10-24T09:41:25.706Z
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Their llms.txt

The beginning of the file, from our validated copy saved 2026-10-24T09:41:25.384Z. Cached copy · Source on firmfact.com

# firmfact

Last updated: 2026-09-30

Summary: Firmfact is licence management for the complex software and data subscriptions that need expert interpretation, starting with market data at banks, asset managers and hedge funds. It reads the documents behind every licence, from the vendor and from inside the firm, turns them into the facts that explain the why, and is fully scriptable: API, MCP and CLI.

## What it does
- Track vendor, contract, product, and exchange data spend in one system
- Forward invoices, contracts, and statements to the account's own email inbox address, or upload them in the web app or with the CLI (`firmfact upload`), for AI-assisted extraction and reconciliation
- Compare invoices against expected contract charges to catch billing drift
- Allocate costs by vendor, department, project, entity, and user with multi-currency support; chargebacks are produced from the allocations
- Track moves, adds, and changes: every allocation carries its assignment history, ready for vendor audits
- Preserve audit-ready history for renewals, corrections, and compliance reviews
- Front Desk, the end-user module, is in early access on Enterprise Plus and will handle new data-product access requests: structured requests, multi-step approvals with delegation, and usage reviews. Its one separation-of-duties rule: the person a request benefits cannot approve it

## Who it is for
- Market data managers preparing declarations, renewals, and audits
- Finance teams allocating market data costs across departments and legal entities
- Procurement teams managing vendor negotiations and renewal timing
- Compliance and operations teams responding to exchange and regulatory requests
- Enterprise architects and IT leads evaluating integration and control posture

## Product facts
- Monthly usage declarations for 14 trading venues; the public exchange reporting directory at /data/exchange-reporting-directory gives each venue's deadline, file format and portal
- Declaration channel and deadline for each venue, as /data/exchange-reporting-directory publishes them (individual agreements can set other terms, and a venue's own policy governs): London Stock Exchange (LSEG): LSE Reporting Portal (format guide on request), due the 14th calendar day of the following month; ICE Data Services: Entry via ICE Dashboard (reporting guide on request), due the 20th calendar day of the following month; SIX Financial Information: Exfeed Reporting Portal, or agreed format by email, due the 30th calendar day of the following month; Euronext: MyMarketData portal (web/Excel) or FTP VRXML, due the 15th calendar day of the following month; Deutsche Börse: CSV report file to MD+S interactive, due the 15th calendar day of the following month; Nasdaq: VRXLS workbook via portal upload or email, due the 15th calendar day of the following month; NYSE (ICE): NYSE online form, or .xls/.csv/VRXML upload, due the 3rd-to-last business day of the reporting month; CME Group: VRXML / VARS files
…

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