Bank of America to Roll Out MDS 2000 Globally; Other Banks to Upgrade

PRODUCT WATCH

LONDON--Bank of America will be using Market Data Services’ MDS 2000 product for managing market data costs of its trading floors around the world.

MDS 2000 is Market Data Services’ (MDSL) flagship product and consists of several components including Global Market Data Manager, a cost analysis and market data contracts management tool.

The bank already uses MDS 2000 in its London and New York offices. Richard Harmel, senior vice president and senior technology project manager at Bank of Ameri