Commercial and Data Counsel

The TP ICAP Group is a world leading provider of market infrastructure.

Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.

Through our people and technology, we connect clients to superior liquidity and data solutions.

The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform.

The Group has 5,300 employees, operating from more than 60 offices, in 27 countries.  We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.

About Parameta Solutions

Parameta Solutions is home to our data, analytics and index business.

Parameta Solutions is a world-leading provider of OTC market data, offering unbiased data products that facilitate trading, enhance transparency, reduce risk and improve operational efficiency. Our products help clients make more efficient investment, portfolio analysis, valuation, risk management and compliance decisions. 

Parameta Solutions’ offering includes real-time price information from the major OTC financial and commodity markets delivering high quality independent data in a number of asset classes including Rates, FX and Money Markets, Volatility, Oil, Energy, Inflation, Credit and Equities. 

Parameta Solutions’ strategy focuses on three pillars: (1) distribution via third-party channels, as well as direct channels, such as the cloud; (2) offering more innovative products, including evidential data solutions and benchmarks and indices; (Parameta is an FCA authorised benchmark administrator in the UK and an ESMA authorised benchmark administrator in the EU, making it the first Inter Dealer Broker to administer OTC benchmarks and indices across Europe and the UK); and (3) expanding its buy-side client base.

Role Overview

Role Responsibilities

• Dedicated legal and commercial advice and legal risk management advice for the Parameta Solutions business within the TP ICAP Group.

• Drafting, reviewing and negotiating outbound market data license agreements and other commercial contracts across Parameta Solutions’ client base.

• Advising on internal compliance rule book drafting in conjunction with Group Compliance.

• Collaborating and advising on commercial projects and strategic initiatives.

• Collaborating with business and other support function stakeholders to understand and provide legal guidance on business objectives, coaching stakeholders toward optimal outcomes, and consistently balancing commercial ambition with legal risk and the Group’s strategic priorities, including providing and participating in training.

• Partnering with commercial, operations and sales teams to design and support optimised processes and procedures for sales and contracts management, including adoption and use of AI.

• Managing, drafting and assisting the business with all other commercial contracts, including inbound and intra-group licensing, technology procurement, collaboration and partnership agreements, support and non-disclosure agreements.

• In conjunction with Compliance and the broader TP ICAP legal team, ensuring compliance with US law and regulation including monitoring legal and regulatory change for the business. 

• Assisting with review of Parameta Solutions’ public facing marketing collateral.

• Partnering with the broader TP ICAP in-house legal teams in EMEA, Americas and APAC in relation to areas of subject matter expertise (including employment, regulatory, data protection, M&A and material litigation) on Parameta Solutions legal matters.

• Engaging and managing (including costs) external counsel in conjunction with legal management and the broader TP ICAP legal team.

Experience / Competences