Data and analytics vendors often grapple with several hurdles when building and enhancing offerings related to options sensitivities:

• Fragmented sourcing: Piecing together Greeks and implied volatility data from multiple, disparate providers, leading to inconsistencies, varying methodologies and significant integration complexities
• Lack of authority and trust: Relying on aggregated or interpolated data that lacks the definitive authority of direct-from-exchange inputs, which can impact the credibility of their own derived products
• High acquisition and processing costs: The expense and engineering effort involved in acquiring, cleaning, normalizing and storing vast quantities of tick-level or non-standardized data for redistribution
• Limited coverage and depth: Difficulty in obtaining comprehensive, strike-level Greeks across diverse asset classes, restricting the scope or accuracy of new product development
• Time-to-market delays: Significant development cycles consumed by data wrangling rather than core product innovation

These limitations can compromise the robustness of a vendor's offering, inflate operational costs and ultimately, stifle their ability to deliver a competitive edge to their own clients.

Greeks and Implied Volatility data directly addresses these vendor pain points by delivering:

• Unmatched accuracy and fidelity: As the truest reflection of the market, our data is calculated directly from our highly liquid, exchange-traded options markets. This provides unparalleled precision for your models, ensuring the integrity of your derived products.
• Comprehensive Greeks suite: Access precise Delta, Gamma, Theta, Vega and Rho, calculated across all strikes with two-sided markets and expiries. This standardized, complete suite is ready for immediate integration into your platforms.
• Global multi-asset class coverage: Explore product opportunities across Agriculture, Metals, Energy, Interest Rates, Equities, FX and Crypto. This broad scope enables cross-asset product development and expanded market reach.
• Dual delivery and research readiness: Utilize 5-minute snapshots for granular intra-day analytics services, along with 5 years of extensive, easily queryable historical data for rigorous backtesting platform development and model validation.
• Flexible consumption and cost optimization: Unlike typical continuous data streams, our solution allows you to pull only the specific data points needed. This flexible usage, coupled with pricing options tailored by use case and consumption volume, helps optimize your data acquisition and processing costs, potentially enabling competitive pricing for your end-users.
• Seamless integration and smart API structure: Our clean, standard REST API (JSON) is designed for plug-and-play integration, reducing engineering headaches and accelerating your time to market. Smart filtering via API endpoints allows for precise data retrieval, minimizing your own processing and storage requirements.

With this superior dataset as your foundation, data and analytics vendors can unlock unprecedented capabilities:

• Develop new custom indices: Create proprietary volatility indices, skew indices or other derivatives-focused benchmarks by leveraging highly accurate, granular implied volatility and Greeks.
• Build robust backtesting platforms: Fuel sophisticated backtesting environments with comprehensive, clean historical data, allowing clients to rigorously validate trading strategies across various market cycles.
• Enhance existing analytical offerings: Improve the accuracy, depth, and reliability of current products, such as transaction cost analysis (TCA) tools, risk management software, and trading platforms, by incorporating authoritative CME-sourced sensitivities.
• Accelerate time to market: Reduce development cycles and resource allocation to data sourcing and cleaning, allowing your teams to focus on core innovation and faster product deployment.
• Boost product credibility: Utilize CME Group exchange-traded futures and options as a direct, trusted source of market data to enhance the reliability and trustworthiness of your own offerings to end-users.
• Expand service coverage: Offer services and analyses across a wider range of asset classes, meeting diverse client needs and expanding your market footprint.

For data and analytics vendors, the integrity of your products and the reliability of your insights are paramount. Greeks and Implied Volatility data is built on our robust, exchange-traded options data, guaranteeing unparalleled quality and consistency for your solutions. As the world's leading derivatives marketplace, CME Group provides unmatched data integrity, directly sourced for accuracy and consistency across the deepest and most liquid markets globally.

Access this comprehensive, standardized dataset effortlessly via our REST API for real-time integration, or through historical CSV files on our DataMine site to fuel your cutting-edge analytics and product development.