Blog, Press & Events

WASHINGTON, D.C. (June 8, 2022) - Calero-MDSL, the leading provider of technology expense management solutions, Application Compliance Manager has been named the best financial and market data solution of 2022 as part of the annual SIIA CODiE Awards. The CODiE Awards recognize the companies producing the most innovative business technology products across the country, and around the world.

The financial services landscape is still transitioning - along with the rest of the business world - into post-pandemic mode. Work arrangements are moving from what has been a fully remote workforce for most organizations to either work from home (WFH), full-time office or hybrid. Employee roles are also shifting as enterprises explore ways to reduce manual tasks, free up workers’ time for higher-value activities and nurture productivity.

To help understand how those changes will impact market data management in the coming year, we’ve put together a summary of the trends, updates and key items to consider in 2022.

Why Calero-MDSL Managed Services? 

Data notifications received from vendors are being sent in increasing volumes and becoming harder for IT teams to manage. Many are not customer-specific and are irrelevant, causing unwanted “noise” and making it harder to spot the important changes that can impact your business. 

Fund managers in major financial services organizations and major banks truly depend upon a robust feed of market data to support their critical decision making. With trillions on the line its really no wonder that market data is in their top five expense items, topping $30 Billion in total spend in 2020. 

Investments in companies that contribute to the best interests of our planet provide hope for a more sustainable future, while also producing long-term returns for investors. Asset managers are attracted, since they are under both direct risk from climate-related disasters impacting commodities and global economies and indirect risk such as changing consumer preferences and increasing scrutiny and pressure by governments and regulators.

Are you managing your technology expenses in-house, and are you finding that lack of insight into capacity and poorly integrated systems slow down productivity? You are not alone in this struggle, and this might not be the best strategy for your organization's long-term success.

Yes, there can be too much of a good thing.

As in almost all businesses, the rule for financial services firms, including banks, insurance, and other financial products, is to do more with less, mainly less personnel.

Calero-MDSL, a leader in the high-growth technology expense management (TEM) software space, announced today that its board of directors has chosen the company’s existing President Scott Gilbert to lead Calero-MDSL going forward, and that former CEO Charles Layne has stepped down from his position. Calero and MDSL, two leaders in the TEM space, merged in January 2020 in a transaction led by investors Riverside Partners and Oak Hill Capital to create Calero-MDSL. Since the merger, Gilbert has been responsible for leading the integration of the two companies across all functional areas, in addition to driving change across its global operations, product and technology organizations.

Calero-MDSL, a global leader in technology expense management (TEM) and market data management, announced its inclusion in Gartner’s 2020 Market Guide for Telecom Expense Management Services. Calero-MDSL is a Representative TEM Pure-Play Vendor for Global Delivery profiled by Gartner in the report. Those interested in learning more can access a complimentary copy of the Market Guide here.

Seasoned Financial Leader Strengthens Management Team and Reinforces Global Growth Strategy for Technology Expense Management Software and Services

Calero-MDSL, a global leader in technology expense management (TEM) and market data management, announced that it has hired Brian Brady as Chief Financial Officer. Brian joins an established executive team at Calero-MDSL focused on innovation and automation through software to simplify recurring-expense management for enterprise technology services. He will report to the Chief Executive Officer, Charles Layne.