specification: FinOps Framework
specificationVersion: '1.0'
schema: https://www.finops.org/framework/
provider: Norgate Data
providerId: norgate-data
created: '2026-07-11'
modified: '2026-07-11'
reconciled: false
tags:
- Market Data
- Financial Data
- Historical Data
- Futures
- Stocks
- FinOps
- Cost Management
- FOCUS
description: >-
  FinOps view of Norgate Data spend. Cost is a flat, predictable data
  subscription rather than usage-metered API charges - there are no per-request,
  per-token or per-GB fees because access is a local library over the on-machine
  NDU database. Spend is driven by which markets you subscribe to (US, Australian,
  Canadian stocks, Futures, Forex), the history-depth tier chosen per stock market
  (Silver 10y, Gold 20y, Platinum to early 1990s, Diamond to 1950 for US), the
  subscription term (6 or 12 months, with a ~10 percent discount on annual), and
  any add-ons (US OTC securities, ASX derivatives). Secondary cost is the
  subscriber-owned Windows machine or VM required to run NDU. Because billing is a
  fixed recurring subscription, cost is fully predictable and easy to allocate.
notes: >-
  No consumption meters apply - this is a flat subscription. Optimize by
  subscribing only to the markets and history depth actually needed for your
  strategies and by choosing annual terms for the discount. Verify current per-
  market prices and currencies on the Norgate price calculator.
sources:
- https://norgatedata.com/prices.php
- https://norgatedata.com/stockmarketpackages.php
- https://norgatedata.com/futurespackage.php
- https://focus.finops.org/focus-specification/v1-3/
alignedWith:
  framework: FinOps Foundation Framework
  frameworkUrl: https://www.finops.org/framework/
  dataSpec: FOCUS
  dataSpecVersion: '1.3'
  dataSpecUrl: https://focus.finops.org/focus-specification/v1-3/
publisherName: Norgate Data
serviceCategory: Market Data and Financial Data
billingModel:
  pricingCategory: Subscription
  billingFrequency: Semiannual or Annual
  billingCurrency: USD
  chargeCategories:
  - Purchase
focusColumns:
  ServiceName: Norgate Data Subscription
  ServiceCategory: Market Data and Financial Data
  ProviderName: Norgate Data
  PublisherName: Norgate Data
  InvoiceIssuerName: Norgate Data
  BillingCurrency: USD
  ChargeCategory: Purchase
  PricingCategory: Subscription
meters:
- name: market_subscription
  description: Flat subscription per market and history-depth tier (Silver/Gold/Platinum/Diamond, Futures, Forex).
  unit: subscription
  aggregation: sum
  dimensions:
  - market
  - tier
  - term
- name: local_compute
  description: Cost of the subscriber-owned Windows machine or VM required to run the Norgate Data Updater (no Norgate invoice).
  unit: hours
  aggregation: sum
  dimensions:
  - machine
principles:
- name: Visibility
  description: Track which market packages and history tiers are subscribed; there is no per-query spend to monitor since access is local.
- name: Allocation
  description: Map each market/tier subscription to the strategy or team that requires it.
- name: Optimization
  description: Subscribe only to needed markets and history depth; prefer 12-month terms for the discount; consolidate onto a shared NDU VM where licensing permits.
- name: Accountability
  description: Assign an owner to renew subscriptions on schedule and review whether each market/tier is still used before renewal.
maintainers:
- FN: Kin Lane
  email: kin@apievangelist.com