Skip to main content

Strategic Partnership with Market Data Company (MDC)

MDC provides expertise on market data and expense management solutions across financial institutions worldwide.

Sia Partners announces strategic partnership with Market Data Company (MDC), a global consulting firm based in Toronto, Canada, providing expertise on market data and expense management solutions across financial institutions worldwide.  

MDC is committed to helping financial institutions become more efficient with operating costs, with a particular focus on Market Data and Brokerage, Clearing and Exchange fees, to name a few. The firm partners with clients to answer the growing demands of their business by providing expertise in direct costs to increase profitability, serving decision-makers at the world’s top financial institutions, regulators, and data vendors, including hedge funds and wealth management, capital markets, and private equity firms. MDC’s proprietary diagnostic tools and solutions drive sustainable and rapid efficiencies.

Robert Benedetto, Founding Partner of MDC, and Paul Gassman, Alliance Partner at MDC, will join the Sia Partners US leadership team.

“MDC is looking forward to working with Sia Partners to promote industry leadership and help clients achieve sustainable efficiencies and profitability,” says Robert Benedetto. “Our views very much align; we share an approach that promotes data science as a catalyst to improve business performance for our clients. We are excited to join Sia Partners in this endeavour.”

“I am thrilled to welcome Robert and Paul to our team and integrate MDC’s capabilities in the Strategic Operating Model expertise we offer our clients worldwide,” Says John Gustav, Partner at Sia Partners US. “This further enhances the ROI firms can expect from engaging with Sia Partners.”


About Robert Benedetto 

Robert founded MDC in 2012 as a global boutique consultancy providing financial firms with the unique capabilities and expertise required to support investment professionals.

MDC’s approach has pioneered a better way for investment professionals to access highly specific product and business knowledge, by connecting clients with industry expert practitioners who possess valuable frontline data product knowledge and expertise.

Through the firm’s on-demand management software tools, Big Bloom & RADR, and benchmarking services, Robert has helped clients access highly valuable content to make effective decisions when acquiring 3rd Party market data sets.These tools accelerate the business performance while uncovering inefficiencies, improving how workflows and disciplines are managed within clients’ operating models. The firm is client-centric  with the objective of channeling new innovative ideas, providing thought leadership, and optimizing data consumption.


About Paul Gassman

Paul’s career is distinguished by his success in expense management, operational efficiency, strategic sourcing, financial management, technology implementation and product development at many of the largest global financial services organizations.

Paul has been leading financial services firms to implement a sustainable efficiency management framework. This framework is based on a comprehensive approach of organizational efficiency alignment to business strategy, integrated demand and supplier management, governance, expense transparency and financial planning & analytics. In addition to applying this discipline across all expense categories, Paul is the pioneer of applying the framework to Market Data and Brokerage, Clearing and Exchange Fees with his practices and discipline having been adopted as a core function at most major Investment Banks.