Trader Telecom Cost Control Solution from MDSL Debuts at SIFMA

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Leading-edge telecom expense management solution from MDSL helps organizations better manage and control trading floor telecommunications.

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Prior to our solution, curbing these costs would not have been possible without a lot of manual, intensive work. Trader TCC is the first solution to specifically address this business problem.

MDSL, the leading provider of international telecom expense management (TEM), announced today the successful launch of Trader TCC (Telecom Cost Control), a new expense management solution, during the SIFMA Financial Services Technology Expo, held in New York on June 22-24.

Trader TCC is uniquely designed for IT, trader support professionals, business and procurement leaders in charge of managing the complex telecom infrastructure of trading floors and rapidly deploying emerging technologies. It helps organizations drastically reduce telecom costs, control the services really used by traders and simplifies the day-to-day management of this dynamic environment.

“Many organizations are increasingly realizing that they are spending money on redundant services including unused circuits and open phone lines to trading houses that are no longer in business, especially after all the merger activity during the last two years,” says MDSL CEO Ben Mendoza. “Prior to our solution, curbing these costs would not have been possible without a lot of manual, intensive work. Trader TCC is the first solution to specifically address this business problem.”

Additional Trader TCC benefits include:

•Alerts on unused circuits.
•Reverse auction for trading lines.
•Streamlined procurement process.
•Automatic chargeback reports.
•Reduction in manual processes via business process automation.
•Updated, accurate inventory.
•Elimination of redundant services.

To learn more about Trader TCC, please e-mail webenquiries(at)mdsl(dot)com.

About MDSL

As the world leader in expense management, MDSL delivers software solutions and services that help international organizations to 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.

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Janet Alicea
MDSL
212-213-7318
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