Emerging Technologies
IMD Chicago: Firms Outsource Infrastructure to Address Data Storage, Regulation
End-user firms are increasingly turning to outsourcing to deal with the storage challenges associated with big datasets caused by rising data volumes and the ongoing raft of new regulatory initiatives requiring more intensive data collection, according…
Selerity Eyes Hires as Event Trading Renaissance Drives Demand
Selerity, a New York-based provider of low-latency unstructured events data, is preparing to expand its sales and analyst team in response to growing demand for its Selerity Alerts product.
SimCorp Study Notes Legacy Systems' Stubbornness, R&D Disparities
The research note from Ingo Walter, an NYU Stern Professor, surveyed 500 buy sides - finding that around a quarter of the world's top investment managers are still operating on legacy systems, despite their inherent challenges.
IMD Chicago: Exchange Data Fees, Policies Hindering New Entrants
The high cost of exchange market data─combined with unscheduled fee increases and a proliferation of new fees for previously free-of-charge data─continues to burden consumers, and is preventing newer firms from entering the market, according to a panel…
Panel: Firms Must Master "Dark Art" of Data Analytics to Gain Competitive Advantage
The faster a trading firm can analyze datasets that are growing in both size and complexity to extract meaningful "data about the data," the greater competitive advantage they will have, said participants on a panel discussing how analytics can be…
First Derivatives Picks Pruett for US Growth
Newry, Northern Ireland-based data management technology vendor First Derivatives has appointed former SIX Financial Information executive Jonathan Pruett head of strategic business development for the Americas, responsible for expanding the vendor's…
Tradition Taps Bloomberg Price Fixings for Volatis Trading Platform
Interdealer broker Tradition is to use daily price fixing observations from Bloomberg's independent valuation services for derivatives and structured notes, to provide prices that more accurately reflect realized volatility to Volatis, the broker's newly…
Hao Sun on the Need for Change of Place, Time, Thought and Future
Hao Sun, COO of proprietary trading from Ketchum Trading, who delivered the keynote address at this year's Inside Market Data Chicago event, says that firms must change their perceptions of place, time, thought, and future to gain long-term alpha in…
Top Sales Role at Misys for Brienzi
Misys, the Paris-headquartered provider of capital markets technology and services, has appointed Frank Brienzi as its new president and chief sales officer.
Financial Industry Faces Up to Cybersecurity Challenges
While the internet has revolutionized nearly every aspect of the financial markets, it carries with it an implicit level of risk that has only recently started to be properly examined by institutional trading firms. But when it comes to cybersecurity,…
SocGen Bond Prices on Thomson Reuters Trading Platform, Data Services
Société Générale has begun contributing cash bond prices to Thomson Reuters' Fixed Income Trading electronic platform, expanding the bank's price distribution to a broader base of trading desks at private banks and wealth managers, while increasing the…
Derivative Path Taps Fincad for OTC Derivative Analytics, Valuations
Derivative Path, a Walnut Creek, Calif.-based startup provider of automated trading technologies for the over-the-counter derivatives markets, has incorporated Vancouver, Canada-based OTC derivatives pricing and risk management vendor Fincad's analytics…
ML Bond Index Adds Fitch Ratings
Bank of America Merrill Lynch has added credit ratings content from Fitch Ratings to its ML Bond Market index, as an additional factor in the assessment of investment-grade and speculative-grade bonds.
ITRS Grows Partner Data Interfaces
UK-based application monitoring software vendor ITRS has expanded its partner program to include Caplin Systems, Corvil, Misys, Niksun and VMware, to allow ITRS' Geneos platform to extract data to extract data from the vendors' applications, including…
CQG Adds FastMarkets Metals Data
Denver, Colo.-based data, trading and analytics provider CQG has added London-based FastMarkets' Premium Metals News to the metals market data and trading capabilities already available in CQG's platform.
Pricing Vet Kelsey Moves to Mortgage CRM Vendor
Former Reuters exec Michele Kelsey has joined Vantage Integrated Production, a provider of CRM, workflow and data management tools for mortgage lenders, as regional vice president of sales for the Midwest US, based in New York.
Rimes Appoints New French Head
Renaud Larzilliere has been appointed director general for the French operations of the managed data services vendor, after four years at the company
TriOptima Turns on DTCC Data Link
TriOptima─a provider of post-trade infrastructure, processing and risk management solutions for over-the-counter derivatives, owned by interdealer broker Icap─has gone live with a link to capture market data on OTC derivatives trades reported to the…
Markit Targets APAC Growth as Top Execs Move to Singapore
Kevin Gould and Brad Hunt have been sent to Singapore to help the data vendor capitalize on opportunities that are being created across the Asia-Pacific region as a result of regulatory change
Linedata Reels in Strong for Business Development Role
Paris-headquartered vendor Linedata has announced that Robin Strong has joined the company as its director of business development and client strategy.
Burton-Taylor: Mixed EMEA Data Spend Growth as Bloomberg Closes Gap on Thomson Reuters
Total spend on market data in EMEA reached $9.84 billion (€7.48 billion) in 2012, approximately 38.6 percent of global spend, with the UK, Germany, France, Italy and Scandinavia accounting for two-thirds of demand, according to a new report on EMEA…
Markit’s Gould and Hunt Relocate to Asia-Pac
Markit president and co-founder Kevin Gould has relocated to Singapore to spearhead Markit's expansion in the Asia-Pacific region, the vendor announced today.
Behavioral Indicator Vendor Titan TA Closes
Titan Trading Analytics, the Edmonton, Canada and Atlanta, GA-based provider of trading signals based on behavioral analytics, has shut down as a result of “financial difficulties” and an inability to meet its financial obligations, Inside Market Data…