MDSL Aims to Add Clients, Functions to Index License Manager Product in 2016

The vendor plans to expand ILM with new features and new versions aimed at different market segments.


MDSL first unveiled ILM—which enables firms to manage index licenses and index data licenses, and to compare vendors, via a dashboard—in beta in 2014, and transitioned it to a web-based platform in 2015. The vendor is now nearing the end of a project to implement ILM at an unnamed Swiss bank, and is in various stages of proof-of-concept projects at other buy-side and sell-side firms.

Now, MDSL plans to add more functionality, such as increasing the different types of fee structure that it

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