MDSL cuts data vets, retools to focus on technical sales

The loss of experienced data specialists has shocked some industry execs, but the vendor says its plan to train a new cadre of technically focused staff will result in better service overall.

Calero-MDSL has closed its New York City office and laid off several senior sales and relationship management staff as the vendor implements a more technical sales model worldwide.

Sources say the market data and telecoms inventory and cost management software provider shed more than 20 staff across a range of roles, including developers, IT professionals, service delivery and telecoms expense management relationship management, as well as its remaining two New York-based market data

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Brown Brothers Harriman unifies busy suite of AI products

It’s a new world, contend BBH’s Kevin Welch and Josh Fine. After a few years of experimentation that yielded several AI products for the bank and its clients, it was time to put the puzzle pieces together to serve a different way of working post-Covid.

Bank-backed Versana takes aim at syndicated loan tech

Born from a consortium that includes JP Morgan and Bank of America, Versana aims to bring up-to-date and permissioned data to the syndicated loan market—the first step to a more transparent and faster operating market.

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