MDSL, a provider of market data management (MDM) and international expense management, has launched a newly enhanced MDM reporting dashboard to customers in the financial services sector.

The dashboard encompasses easy-to-read graphs and charts, which provide MDM users with a real-time view of market data usage and costs besides featuring reports for cost centers and business unit managers on expenses. Feedback from MDSL’s (News - Alert) clients has been overwhelmingly positive, said company officials.

The director of the American division of a leading global investment and financial services firm that uses MDM globally said in a release, “Increasingly we’ve moved into a highly regulated, very cost-conscious era within the banking industry where everybody wants to know what they spend. The dashboard provides in-depth reports, down to the end-user level, and can be used by business analysts, managers and finance.”

The available reports include Market Data Overview, which offers details on top 10 spend by vendor, department and changes in services and users besides featuring vendor analysis reports with monthly spend and usage by carriers, billing and source providers.

The reports also include budget versus actual spend and user analysis. This exhibits summaries by cost code featuring notification of duplicate service by user and source vendors.

MDSL CEO Ben Mendoza (News - Alert) stated, “The SSRS-based reports provide flexibility, can be linked to an organization's internal data and tailored to the needs of the customer.”

Mendoza also pointed out that the MDM reporting dashboard makes it easy to access data from a broad overview to drill-down detail. Users will be able to simply open a browser, login and view managed cost groups.

Specializing in MDM and telecom expense management (TEM) techniques, MDSL delivers software solutions and services that enable international organizations to reduce their costs significantly on a global scale.

Company sources also revealed that over 150 customers in about 34 countries trust and leverage MDSL products to improve their bottom-line results and ensure a fluid and controlled use of their market data and telecom services.