Triple Score for MDSL; ASP, Market Data Expert and Telecom Managed Services

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A New York-based French risk and asset management leader signs for ASP-delivered versions of MDSL’s award-winning market data management and telecom expense management solutions used by seven of the top ten banks in the world after a merger last year required the organization to incorporate additional assets and costs into their inventory and spend.

MDSL - international leader in global cost management solutions

The addition of our professional consulting services means that the client's internal teams can now devote more time to work on higher value projects while at the same time retaining our industry-wide expertise to identify opportunities for cost savings

MDSL, the leading provider of global market data management (MDM) and telecom expense management (TEM) software, announced today that one of its marquee clients, a New York-based French risk and asset management leader, signed a deal to transition from locally hosted to ASP-delivered versions of our award-winning MDM and TEM cost management solutions as well as selected outsourced professional practices Market Data Expert (MDX) and TEM managed services.

The integration of additional assets acquired during a merger last year substantially increased the workload of the client’s market data and telecom teams. By leveraging MDX and TEM for invoice processing, auditing, account realignment, cost containment and vendor management, the in-house teams will now have more time available for strategic analytic and advisory roles for the business.

“By transitioning from a local to ASP version of our software, our customer can now benefit from enhanced functionality including dashboard reporting for end-users, usage monitoring tools, procure-to-pay and electronic submission and payments of invoices within 24 hours,” says MDSL CEO Ben Mendoza.

“The addition of our professional consulting services means that the client’s internal teams can now devote more time to work on higher value projects while at the same time retaining our industry-wide expertise to identify opportunities for cost savings,” says Simon Thomson, MDSL COO America.

About MDSL

As the world leader in Telecom Expense Management (TEM) and Market Data Management (MDM), MDSL delivers software solutions and services that help international organizations reduce their costs significantly and on a global scale. More than 150 customers in over 34 countries trust in our products to improve their bottom-line results and ensure a fluid and controlled use of their telecom and market data services.

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Janet Alicea
MDSL
212-213-7318
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