Citi Preps ASP of MDSL Data Administration Tool

Citigroup is migrating from an installed version of MDSL’s Market Data Manager (MDM) cost and contract software to an ASP-delivered version of the product managed by the vendor, Inside Market Data has learned.

Sources say the bank—a long-term MDM client—began the migration process at the start of May, which will require the vendor to set up the same links from the ASP software in its hosted environment to the systems that the installed MDM interfaced with at Citi, including the bank’s internal

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‘Feature, not a bug’: Bloomberg makes the case for Figi

Bloomberg created the Figi identifier, but ceded all its rights to the Object Management Group 10 years ago. Here, Bloomberg’s Richard Robinson and Steve Meizanis write to dispel what they believe to be misconceptions about Figi and the FDTA.

Where have all the exchange platform providers gone?

The IMD Wrap: Running an exchange is a profitable business. The margins on market data sales alone can be staggering. And since every exchange needs a reliable and efficient exchange technology stack, Max asks why more vendors aren’t diving into this space.

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