Organization & strategy

STAC Readies Time-Series Group

The Securities Technology Analysis Center is setting up a working group to develop and implement benchmarks for time-series data technologies such as historical databases and tick capture and query engines.

Arcontech Adds Atradia's Anderson

David Anderson, founder of Atradia Consulting and editor of Inside Market Data Reference, has joined London-based market data platform and contributions technology vendor Arcontech as director of sales and marketing.

Morningstar to Expand LIM Coverage

Chicago-based investment research and data provider Morningstar plans to share content with energy and commodities data vendor Logical Information Machines and expand LIM's presence in-and coverage of-Europe and Asia, following last week's announcement…

Interactive Data Buys DJ Web Data Business

Interactive Data's $13.5 million purchase of Dow Jones' Online Financial Solutions, expected to close by Dec. 1, will strengthen the vendor's Managed Solutions business in North America, by which Interactive Data provides data to clients via custom Web…

Polygon Begins EquityPipe Campaign

New York-based research provider Polygon Research has begun marketing a front-end workstation to its clients via its broker-dealer business Kabrik Trading, after testing the product on its equity broker desk over the summer.

NYSE Tech Builds Asia Development Team

The Asia-Pacific business of NYSE Technologies, the data and trading technology arm of NYSE Euronext, is setting up a development team in Singapore to provide dedicated local development and support resources to serve clients throughout the region.

Equinix Builds Asian Financial Sales

Datacenter hosting and co-location provider Equinix has created a dedicated financial services sales team for its operations in Asia Pacific, to provide more focused service for its clients in the region and abroad.

Equinix Eyes US Growth with $689M S&D Buy

Datacenter and hosting services provider Equinix plans to enable its clients to connect to more markets in North America and to offer more datacenter space in locations where demand is high, via additional facilities acquired through the purchase of…

CodeStreet Seeks Investor 'Consortium'

New York-based data technology provider CodeStreet is seeking more equity partners to drive its product and asset class expansion, following the sale of an undisclosed equity stake in the business to fixed income broker-dealer RW Pressprich last week.

Fixnetix Buys MST for Next-Gen Platform

UK-based low-latency data infrastructure and trading technology vendor Fixnetix has bought Boston-based feed handler and ticker plant provider Market Systems Technology, to provide the basis of Fixnetix's next-generation distributed market data platform.

New Tervela CEO Eyes Expansion

Hardware messaging provider Tervela has named Eric Schnadig as its new chief executive, replacing founder Barry Thompson, who had served as interim CEO since the departure of predecessor Bob Cramer earlier this year ( IMD , Feb. 2).