Market Data Manager
– the benefits

MDSL’s Market Data Manager (MDM) makes managing market data smarter by offering five major benefits:

Cost savings and optimisation: At all times – but especially when the economy is challenging – those responsible for Market Data services are looking for ways to optimise services and minimise costs. You can’t cut costs by indiscriminately cutting services, but you can manage carefully and proactively so that you only use the most essential services. For more information on the various options and MDM functions available to assist with and identify cost savings, see the Features section.

Control and confidence: There are obvious benefits from having a structured and easy way to maintain a detailed yet global inventory of market data contracts, services costs and commitments. For example, MDM will automatically warn you as you approach critical dates on contracts and advise, through emails and scheduled reports, where potential savings opportunities exist. As a result, you end up in control, and feel confident about your ongoing market data expenses and commitments.

Compliance: Having the ability to produce timely and accurate reports to stock exchanges, thereby avoiding penalties, has proven to be incredibly valuable. Ask your management how they can justify not having a recognised tool to help them survive a stock exchange audit today.

Invoice reconciliation: Because MDM keeps your market data inventory in a suitable granular format, the system is able to predict, compare and reconcile invoices with the utmost efficiency. Benefits include timely and accurate payments as well as the avoidance of unnecessary costs.

Internal accountability: It is very beneficial to be able to easily provide reports to your business cost centres down to the most detailed level. Because MDM maintains a complete history, you can compare spend over time, spot trends and clearly see the improvements and savings that have been made. Another benefit is the ability to track expenditure against budgets maintained in the MDM system.

Business insight: Providing management with web based business reports, graphical dashboards, and trend analyses in formats such as Microsoft Excel is a good way of showing the real value of MDM investment.

Global capabilities: MDM provides extra benefits through its global capabilities because you only need to deploy one consistent system across your global environment. MDM is designed to cope with data from all global vendors and report in multiple currencies. It can also be configured to show only local data, supporting flexible user roles and rights in each country.

Discover the key features of Market Data Manager here »