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After the Aug. 14 issue of Inside Market Data went to press, IMD received additional information on head counts at Thomson Capital Markets before and after the Thomson Global Markets/IFR merger. IFR head count remained steady at about 100 employees. TGM head count stood at 190 before and at 143 after the merger. The TGM reductions involved sales and marketing (24), analysts (12) and management, administration and operations (11).

A British newspaper recently reported that Reuters

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Northern Trust building internal cloud data ‘marketplace’

Using a mix of in-house expertise and third-party technologies, the firm has constructed a cloud-based data mesh that gives internal staff access to proprietary datasets and analytical tools to deliver greater insights into client activity.

Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

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