TRG Screen acquires BST America, expanding its market data offering with specialist advisory expertise across sourcing, negotiation and operations....

TRG Screen has launched Invoice AI, an AI-powered capability within its Optimize Spend platform that automates market data invoice processing for financial institutions. The tool converts invoices into structured, validated data, reducing manual effort and improving audit readiness. Invoice AI extracts key details including vendor information, billing periods and amounts, then maps that data to internal records. It supports single uploads, bulk processing and API-driven workflows whilst maintaining full traceability. The system features AI-powered line-item reconciliation that writes extracted data directly into Optimize Spend without manual entry. The launch follows TRG Screen's recent introduction of Contracts AI, extending the firm's strategy of applying AI to complex market data management processes. Invoice AI operates within the same platform containing clients' contracts and vendor relationships.

TRG Screen has launched Contracts AI, an AI-powered tool that enables financial institutions to analyse complex market data vendor agreements in minutes rather than hours. The capability is integrated into the company's Optimize Spend platform. Market data contracts typically take teams four to six hours to analyse manually. Contracts AI automatically extracts and structures key terms including usage rights, restrictions and obligations, converting them into searchable operational data that supports compliance and renewal workflows. The tool provides traceability to source clauses and integrates with existing governance processes, differentiating it from general-purpose AI summarisation tools. TRG Screen, headquartered in New York and a Vista Equity Partners portfolio company, has provided market data management solutions to financial services firms for over 25 years. The launch represents the first step in automating contract lifecycle workflows.