Emerging Technologies
Platts Forges Metals Partnership with Germany's MVS
Energy and commodities data provider Platts has struck a deal to take an undisclosed investment stake in German iron ore and steel data provider Minerals Value Service and become the exclusive distributor of MVS's web-based value-in-use tool, which…
State Street Adds Analytics Vets
State Street Global Exchange, the newly-formed data and analytics business of State Street, has hired Jeffrey Bohn as head of portfolio analytics and valuation, and Thomas Hughes as senior product strategist for analytics.
MDX, Ropnoy Ally for Spreadsheet Data Migrations
London-based market data connectivity platform and spreadsheet add-in provider MDX Technology has enlisted Ropnoy, a UK-based market data consultancy and software vendor, to help clients convert spreadsheets that consume data within their organizations…
Bloomberg and BGC Launch SEFs
Bloomberg and BGC Partners have officially launched their swap execution facilities (SEFs).
Markit Appoints Jeff Gooch as Chief Financial Officer
Financial data provider Markit has appointed MarkitSERV’s former CEO, Jeff Gooch, as chief financial officer.
Collins Heads SuperDerivatives SEF
Pricing software and data provider SuperDerivatives has appointed former head of strategic solutions David Collins as chief executive of the vendor's swap execution facility for currency and commodity derivatives, SDX Trading.
Data Vets Take Stake in Credit Deals Data Network
Former Thomson Reuters chief executive Tom Glocer and Credit Benchmark co-founders Donal Smith and Mark Faulkner (who were previously CEO and founder of securities lending data vendor Data Explorers) have taken an undisclosed ownership stake in…
Edwin Marcial: No More Mr. ICE Guy
Edwin Marcial has been in the technology driver’s seat since before ICE’s meteoric rise. In the early 2000s, he wore the ‘upstart’ label like a badge of honor. But with the purchase of the NYSE, he doesn’t seem so comfortable with it anymore. By Jake…
Capco Taps Disend, Launches Digital Group
The technology consultancy has brought on Eric Disend as partner to lead a dedicated group focused on digital strategies and solutions.
Max Bowie: New Data Types Need a Big KISS
As market data becomes more voluminous and more complex, Max says providers of new content and the technologies for making sense of it are not only expected to provide clarity from the data, but also guidance on how to get the most out of it so potential…
State Street Global Exchange Adds Bohn, Hughes to Analytics Team
State Street Global Exchange, which provides data, analytics and electronic trading solutions, has added Jeffrey Bohn and Thomas Hughes to its analytics team.
Aquis Names Three to Board, Reflecting WSE Deal
Aquis Exchange has added three to its executive board in reflection of its recent strategic partnership with WSE.
Turquoise Derivatives Arm Relaunched Under New LSEG Colors
London Stock Exchange Group (LSEG) today announced it has acquired the derivatives business of Turquoise, the London-based multilateral trading facility.
HSBC Hires Experienced Data Executive
Lorraine Waters has joined the firm's data management unit as deputy group chief data officer and head of data policies
EACH Names Plata Secretary General
The European Association of Central Counterparties (CCPs) Clearing Houses (EACH) has appointed Rafael Plata as its first secretary general.
Tech Panel: Act ‘Appropriate,' But Speed Still Needs Spend
With today's capital markets increasingly automated and reliant on high-performance technologies, budget constraints resulting from the economic crisis of recent years are forcing firms to be more selective about building proprietary systems in-house…
CJC Taps Beebeejaun as Sales Head
Market data consultancy and real-time systems support and management provider CJC has hired Feroze Beebeejaun as head of sales, responsible for generating new business for CJC's outsourced support operations and for its commercial management business…
Misys Adds Medlock as CFO
Rick Medlock will join the buy-side technology provider in 2014 after leaving Inmarsat, a mobile satellite services company where he has overseen finances since 2004.
New Regulations Will Drive Data Costs Higher, Panel Warns
The growing raft of new regulations are increasing the market data burden on all market participants for risk analysis and for meeting reporting requirements, while also increasing the cost of connecting to and aggregating new datasets, said panelists at…
EFIS User Panel: Data Cost Control Becomes Cultural Shift
Continuing pressure on data budgets at end-user firms following the financial crisis is creating challenges for market data managers, but is also creating opportunities to bring new approaches to how firms source and consume data, said panelists at this…
EFIS Keynote: HSBC Chief Data Officer Baker Defines Value of Data
Unlike precious assets such as gold, the value of market data is governed not by its rarity, but by its significance and usefulness, which depends on its ability to inform decisions and solve problems-and which in turn depends on having a dedicated…
PTP Gains Traction as De Facto Latency Monitoring Protocol
As financial services firms look to improve their latency monitoring and measuring, PTP is gaining greater acceptance as Wall Street firms move away from NTP, the traditional protocol for clock synchronization.
Citing Tech Concerns, Sifma Pushes Back on SEF Deadline
Sifma has sent out a final plea to regulators to push back next week's swap execution facility (SEF) registration and compliance deadline—largely because technology questions remain.