What is IPUG?
The Information Providers User Group (IPUG) is a non-profit organisation, established in 1989 to represent the current and future interests of its member firms. It is now the principal organisation in the UK representing users of Market Data services on a technical, administrative and strategic level.
IPUG has developed strong working relationships with the major real-time information service vendors including Bloomberg, Refinitiv, Capital IQ and FactSet; the benchmark suppliers FTSE, MSCI and S&P, and pricing and fundamental service providers such as Interactive Data and Markit. IPUG acts on behalf of its membership to focus these suppliers on generic issues affecting all users. IPUG is recognised by these vendors as the users’ legitimate voice, and is often consulted and asked to contribute to supplier policy decisions which affect the membership. These relationships often provide IPUG members with the opportunity to see new product developments up to 6 months in advance of market launch.
Members meet principally in locations around the City of London and Canary Wharf. New sister IPUG groups have also been formed to cater for market data professionals and reference data professionals in Edinburgh, Asia (Hong Kong, Tokyo, Singapore and Sydney), and across Europe.
In line with its commitment to represent new industry trends, IPUG continually seeks to monitor the technology and business process developments which affect the industry within the City, Europe and Asia.
Who runs IPUG?
The agenda for the organisation, and the way in which it is constituted, is ultimately a question for the membership. However, the day-to-day operation of the group is managed by the voluntary efforts of the Executive Committee. At this time, the Executive comprises a Chairwoman, Vice-Chairman, Treasurer and six other members.
Who can join IPUG?
To be eligible for membership you should be a financial institution, (bank, insurance company, securities house, securities brokerage, fund manager, building society, central bank or similar), be of any size and use market data services. Suppliers of market data services, whether they are data vendors, technology solution providers or consultancy firms are not eligible for membership.
All Members are expected to adhere to IPUG's four-walls confidentiality policy.
What does IPUG membership give me?
Corporate Membership entitles each member firm to nominate a defined number of delegates for participation in IPUG activities, group meetings and access to shared knowledge and information.
IPUG runs many topical meetings throughout the year focused on specific areas of interest, these are known as Special Interest Groups (SIG). Some examples include the Bloomberg SIG, Credit Ratings Agency SIG, Exchange & Compliance SIG, Index & Benchmark SIG, and Cost Optimisation SIG. Most meeting agendas include an open forum in which members may discuss issues relevant to that particular group and it is common for the vendor to be invited to present to, and be quizzed by, the attendees. Meetings can also be convened at the demand of the members focused on a particular subject or vendor.
News & Articles
IPUG members can subscribe to get regular updates sent straight to their inbox on Industry News Updates which are posted to the website as well as emails, news, and industry topics from the IPUG Executive. The subscription can be tailored to reduce noise and avoid spam.
Networking events, including the IPUG Summer Seminar and the legendary IPUG Christmas party, are held regularly throughout the year and provide the perfect opportunity to meet with your peers.