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

London, New York, Tokyo, Macau and Paris - 3 June 2010

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 firm, signed a deal to transition from locally hosted to ASP-delivered versions of its 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.

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