How to Lower Your Costs with Index License Management
Much has been made since the introduction of the European Benchmark Regulation (BMR) of the need among large financial firms to implement revised governance standards to keep track of benchmark usage. Both buy-side and sell-side, as well as custodians of index and mutual funds, were impacted by this change, which went into effect in January of this year for new product issuance, as a way...
What to Consider When Selecting or Switching to a New TEM Provider
The rate of change in technology-focused industries is giving some businesses a feeling of whiplash. But whether your company is caught in the confusion of trying to wrangle telecom expenses in-house or stuck in an unhappy marriage with their current TEM provider, it may be time to consider something new. Many enterprises have one or more of these existing systems challenges: Inaccurate ...
How the Most Successful Companies Use Automated Invoice Processing
The demand for telecom expense management (TEM) systems to leverage automation is increasing. Matching contracts with a high volume of invoices take financial teams too much time to execute and high error rates are inevitable. On top of that, manual operation of these complex tasks makes it nearly impossible for CIOs to extract any useful business intelligence from the data that comes ou...
MDSL Chairman Ben Mendoza inducted into the Inside Market Data Hall of Fame
Ben Mendoza, Chairman of MDSL, a global leader in Technology Expense Management ("TEM") and Market Data Management (“MDM”) solutions, has been inducted into the Inside Market Data Hall of Fame. Following the North American Financial Information Summit conference in New York on May 23, Mendoza was recognized during the IMD/IRD Awards Evening for his influence in the market data industry a...
How To Improve Your Trade Expense Management
A decade after the worst financial collapse since the Great Depression and eight years following the passage of Dodd-Frank, financial institutions still struggle to maximize profitability in the evolving regulatory landscape. New compliance requirements designed to protect consumers have had the negative effect of greatly diminishing revenue from trading activities. Dodd-Frank regulation...
