Winner In:
               Best FinTech Solution
Calero-MDSL’s Index License Manager
Calero-MDSL’s Index License Manager [ILM] assists organizations in creating transparency and improving controls to optimize their market data costs, processes and workflows.
What problems it solves: 
Calero-MDSL’s Index License Manager (ILM) reduces manual processes, enriches reporting capabilities, improves cost allocation methodologies, and helps organizations conform with the recently enforced European Benchmark Regulation and IOSCO’s Principles for Financial Benchmarks. 
What makes ILM from Calero-MDSL unique:
It is the only product in this market. It is a unique software solution which has been developed for the specific purpose of managing the index license inventory of financial firms. Index license fees have been rising ahead of traditional market data fees, due to the passive investing revolution and the specificity of the license types has grown simultaneously. 
ILM is designed specifically to handle the varied data associated with index licenses and their fee calculations, replacing the spreadsheets typically used to manage this information. ILM is used to quickly address the most common types of queries to which the index licensing staff are expected to respond from stakeholders within both Buy and Sell Sides of the business. ILM has specialized fields typically seen in index licenses enabling accurate reporting and responses to queries.