The FISD Data Licensing Module focuses on some of the knottiest issues facing the financial services industry.
Data licensing, compliance, and the various ways data can be derived and redistributed can be the source of headaches. A deep understanding of data licensing and its attendant issues can help professionals:
- Avoid costly fees for non-compliance or paying for data when they shouldn’t.
- Understand their customers’ pain points.
- Speak the language of vendors, sub-vendors, and end users – understanding all sides of data licensing makes you a more effective communicator on behalf of your business.
The first in a planned series of FISD Level 2 exams, the Data Licensing Module is a 100-question multiple choice exam. Like the FISD FIA, the Data Licensing Module is given on a computer at a formal testing center. Candidates have up to 2 hours 40 minutes to complete the exam. Testing company Kryterion administers FISD Professional Certifications at any of its 900+ global testing centers.
The official syllabus lists the key concepts candidates must master in order to pass the exam. These are organized into three sections: Firms and Roles in the Licensed Data Life Cycle, Licensing, and Governance, Compliance and Audit.