Industry-leading provider receives award for its innovative approach to delivering a robust market data management platform
Calero, a leading provider of Technology Expense Management (TEM) and Market Data Management (MDM) solutions, has been awarded Best Market Data Inventory Platform at the A-Team Group TradingTech Insight Awards – Europe 2020. The company received the honor during the award ceremony which took place in London on Tuesday, February 25th.
“ It’s an honor to be recognized for this award alongside so many great organizations ,” said Charles Layne, Chief Executive Officer of Calero. “ This award embodies our commitment to providing our clients with an efficient and innovati ve way to manage their market data, while ensuring co mpliance and risk mitigation. Furthermore, o ur cutting - edge platform equips them with the proper level of visibility and tracking required to fulfill the prom i se of cost savings, workflow efficiencies and accountability. ”Calero’s Market Data Manager solution provides specialist multi-currency market data inventory management, invoice reconciliation and reporting for financial institutions. Powerful, built-in tools are designed to help mitigate risk, facilitate compliance and streamline the management of market data leveraging advanced technology and automation. A simple, easy-to-use portal enables users to review all their market data entitlements and raise their own requests for MACDs, while a search-based catalog leverages the latest available pricing for requests. This allows institutions to better manage demand and centralize change activity, providing an audit trail of historical data while optimizing their market data usage.
As an enhancement to Market Data Manager late last year, Calero introduced innovative eBonding technology to automate the procurement of Market Data Services through an electronic data exchange, allowing for greater accuracy and automation in managing market data inventory. When orders and data management flow electronically, the data is synced between the provider and management platforms to ensure efficient ordering, provisioning, and delivery of market data services and automated inventory updates.
“Our customers are at the forefront of everything we do and drive our innovation in the marketplace,” said Simon Bone, General Manager, Market Data Management at Calero. “We are truly grateful for the recognition of our efforts and would like to take this opportunity to thank our customers for their ongoing support.”
About Calero
Calero is a leading provider of Technology Expense and Market Data Management solutions designed to provide clarity, control, compliance and cost savings. With a deep commitment to innovation and customer service, Calero partners with enterprises to provide a unified expense management platform that supports Telecom Expense Management, Managed Mobility Services, the Internet of Things and Financial Market Data Management. Calero has thousands of customers in over 50 countries worldwide, including corporations, universities, financial institutions and government agencies. Learn more at www.calero.com or www.mdsl.com.
