Emerging Technologies
Bohemian Rhapsody: CIO Michal Sanak Leads Prague's RSJ with Smart Speed
RSJ, tucked on the left bank of the Vltava River in the Czech capital of Prague, has quietly become one of the world’s most active proprietary trading firms, despite its boutique size. As CIO and shareholder Michal Sanak tells Tim Bourgaize Murray, the…
Max Bowie: Cost, Regs, Volumes, Analytics to Drive Data Innovation in 2014
With economic woes hampering innovation in recent years, Max says the winds of change blowing from different directions may create a perfect storm of pressures that force the industry to consider new options in 2014.
Anthony Malakian: When the Love is Gone
In a world of new technologies—where evolution happens at breakneck speeds—Anthony says that buy-side firms need to employ new strategies when managing their third-party relationships. Perhaps they can learn a lesson or two from their sell-side brethren?
BIS Names New Americas Council Chair
José Dario Uribe begins the next two-year term as chair of the BIS Consultative Council for the Americas, succeeding Agustín Carstens
January 2014: Do Algorithms Dream of Super-Fast Sheep?
While algorithms are far from sentient, Victor wonders what they would think about if they could.
HSBC's Chung Moves to Product Management
Michelle Chung of HSBC's Hong Kong office has changed roles, becoming senior product manager, market data
TMX Atrium Connects to IXcellerate Moscow Datacenter
TMX Atrium, the network provider subsidiary of Canadian exchange group TMX, has expanded its connectivity network to Moscow with a new low-latency access to Russian datacenter provider IXcellerate's Moscow One datacenter.
JPMorgan Takes Chi-X Stake
JPMorgan has joined the ownership consortium of Chi-X Global Holdings by acquiring a stake in the firm, the alternative trading venue operator has announced.
McCarthy Joins UBS As Program Manager
Jim McCarthy, a reference data project manager and business analyst with extensive experience at Thomson Reuters and Deutsche Bank, has joined UBS
Markit's McPherson Returns to NewOak
Neil McPherson, former managing director and global head of structured finance at Markit, has rejoined New York-based risk advisory and asset management firm NewOak--where he previously served as a managing director between October 2008 and April 2009-…
Virtusa Takes Over TradeTech Consulting Business
Global IT services provider Virtusa Corp. has acquired all outstanding shares of Swedish IT consulting and services provider TradeTech Consulting and its subsidiaries.
Liquity Matches Buyers and Sellers of UK's Private Company Shares
Since its launch in November 2013, Liquity has shown that financial services companies don’t necessarily need to deploy overly complex or ground-breaking technology to be successful in servicing the industry. It can sometimes be as simple as a…
US Treasury's OFR Welcomes Brown
Tom Brown, a longtime financial industry data standards professional, has left dual roles at ISITC and Brook Path Partners to join the US Treasury's Office of Financial Research
DTCC Hires Shuman As Counsel
Ann Shuman, previously an attorney and managing director at CME Group, has joined DTCC as managing director and deputy general counsel
OptionsCity CTO: Harnessing Big Data for Value-Add Analytics is Key in 2014
Victor Glava, chief technology officer of options trading platform provider OptionsCity, discusses the commoditization of traditional datasets and delivery mechanisms, and describes where firms will need to add value in 2014.
LME Names Sloan and Lester as COO and CFO
Continuing its leadership revamp under new ownership, London Metal Exchange (LME) has announced it has appointed two senior executives, Stuart Sloan and Catherine Lester to become chief operating officer (COO) and chief financial officer (CFO),…
IDC's Doe: Internalization, Collaboration, Electronification to Drive Innovation in 2014
With new regulations and more liquidity pools requiring increased data processing and storage, Emmanuel Doe, president of Interactive Data's Trading Solutions group, outlines how the industry can turn challenges into opportunities to leverage new…
LPFA Appoints Martin as CEO
The London Pensions Fund Authority (LPFA) has announced the appointment of Susan Martin, who takes over as the scheme's permanent chief executive.
Empirasign: In 2014, Turn Data ‘Cost Centers' into ‘Opportunity Centers'
With budgets still under pressure, Empirasign Strategies founder and president Adam Murphy explains how innovation in 2014 will require the data industry to apply the same changes in attitude that brought about the BYOD movement to "bring your own market…
Borsa Istanbul Takes Nasdaq Data, Trading Platforms
Nasdaq OMX will supply Turkish exchange Borsa Istanbul with technology and advisory services─including the provision of a new market data distribution system─under the terms of a deal that will also see Nasdaq take a five percent stake in the exchange,…
Eurex Takes Small Taifex Stake
Derivatives bourse Eurex has announced that it has taken a five-percent stake in the Taiwan Futures Exchange (Taifex).
EidoSearch Predicts Predictive Shift in 2014
With Big Data and predictive analysis becoming more widely adopted and better understood, David Allen, vice president of sales and marketing at predictive analytics provider EidoSearch, explains why 2014 will be the year that traders "figure out how to…
Hilgers Takes Over as Optiver Chief
Paul Hilgers has become the new CEO of proprietary trading firm Optiver, the company announced, taking over from outgoing head Johann Kaemingk.
SFI Adds Killeen as FTE
Jocelyn Killeen has joined Simplified Financial Information-the startup usage monitoring and data capture and replay technology provider set up by industry veteran Emilio Mercado-full-time as lead business analyst, after working with the company on a…